Fiji is closely monitoring a newly announced ceasefire between the United States and Iran, with Prime Minister Sitiveni Rabuka warning that global instability continues to pose risks to fuel prices and the cost of living in Fiji.
In a statement, Rabuka says the two-week ceasefire includes a temporary halt to hostilities, the reopening of the Strait of Hormuz, and ongoing negotiations towards a longer-term agreement.
He says developments in the Middle East have direct implications for Fiji and the wider Pacific, particularly in areas such as fuel supply, shipping and broader supply chains.
Rabuka says global instability affects fuel prices, shipping and supply chains, and ultimately the cost of living for our people.
The Prime Minister notes that while the ceasefire may help stabilise fuel supply in the short term, uncertainty remains and the Government will continue to monitor the situation closely.
He adds that Fiji is currently managing multiple challenges, including preparations for a national State funeral, ongoing recovery efforts following Tropical Cyclone Vaianu, and the impacts of global economic pressures.
Rabuka has assured that the Government stands ready to respond as necessary to safeguard national interests and mitigate the impact of external shocks on Fijian households.
