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What action, if any, did the Minister or MFAT take following the July 2025 market report warning of Strait of Hormuz closure risks to ensure other relevant agencies incorporated this risk into their planning?

Answered Question 13943 (2026)
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Asked by

Megan Woods

Member for Wigram · Labour Party

Question

  • What action, if any, did the Minister or MFAT take following the July 2025 market report warning of Strait of Hormuz closure risks to ensure other relevant agencies incorporated this risk into their planning?

Answered by

Rt Hon Winston Peters

List MP · NZ First · Minister of Foreign Affairs

Answer

The Ministry of Foreign Affairs and Trade's policy includes a core focus on building resilience through implementing, enforcing, and expanding our existing network of Free Trade Agreements. Ultimately, a flexible, diversified, and productive economy will be more resilient to a wide range of risks, including this specific risk.