The fallout from the US-Israel and Iran war could significantly impact the global economy, with shockwaves expected to reach Fiji’s local markets and the Pacific supply chain.
Agriculture and Waterways permanent secretary Dr Andrew Tukana said continued conflict in the Middle East would have serious implications for Fiji.
“If the conflict in the Middle East continues, it will have a significant impact on us here in Fiji,” Dr Tukana said.
He said the first effect would likely be an increase in fuel prices, which would affect many sectors, including agriculture.
“I believe the first thing we will see is a rise in fuel prices.”
He pointed out that higher fuel costs would impact all aspects of daily life, particularly large-scale farming operations.
Disruptions to shipping could also push up export costs to neighbouring island nations.
He warned that such developments could create major challenges for Fiji, particularly as the country plays a key role as a regional hub for trade.
“If freight services are affected, that would certainly mean it would be difficult to export agricultural goods and services to neighbouring countries.”
Dr Tukana urged the public to strengthen food security by growing more of their own food.
He said greater local food production would help improve long-term sustainability if global supply chains were disrupted.
