The Shehu III Government was a government of the Socialist People's Republic of Albania, formed on July 16, 1962, by Prime Minister Mehmet Shehu of the Party of Labour of Albania (PPSh).

There was a significant expansion of the Council of Ministers, including up to three First Deputy Chairmen and – excluding Beqir Balluku's dual role – up to three Deputy Chairmen.

Gogo Nushi was the only member from the previous government who did not continue, but he retained significant roles, including in the Trade Union Federation Bashkimi Sindikal i Shqipërisë.

Thus, the break with the Soviet Union in 1961 and the approach to China had no impact on the government of Albania.

The cabinet underwent several changes: After the rupture with Moscow in 1961, the new Shehu government had to deal with a new reality: the massive support from the Soviet Union and other communist states had ceased, and Albania was politically isolated.