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PSMA clears its position about sugar industry

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Staff Reporter

Islamabad

A spokesperson of Pakistan Sugar Mills Association (PSMA) has expressed concern about certain statements made against the sugar industry in Parliament, which appeared to be based on incomplete, skewed and erroneous data.
The PSMA spokesperson drew the attention to following correct facts which were obviously overlooked while making the aforementioned incorrect statements.
The spokesperson said sugar mills of Pakistan are committed to provide quality sugar at low prices to their consumers but at the same time must defend their right to be able to earn a reasonable return.
PSMA reiterated its belief in and support for fair business practices and maintained its principled stance against malpractices like cartelisation and “satta”.

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