Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what assessment his Department has made of the potential impact of the New Zealand Government’s new subsidies for oil and gas development on the UK-New Zealand Free Trade Agreement.

Although there are no such significant direct impacts, the UK raised the issue of oil and gas developments with New Zealand on several occasions, including following New Zealand's Budget 2025 announcements after the Environment and Climate Change Sub-Committee meeting in May 2025. The Department continues to keep this matter under review, working closely with colleagues at the British High Commission Wellington.