The Salt Manufacturers Association Pakistan (SMAP) extends a warm welcome to the newly elected government, expressing optimism for positive changes and advancements in various sectors, particularly addressing longstanding issues surrounding salt trade. Chairman Qasim Yaqoob Paracha highlighted the challenges faced by the salt trade industry, emphasizing the need for immediate attention from both the government and industry stakeholders.
Paracha pointed out that the ban on trade with India has significantly impacted revenue streams, disrupted trade routes, and increased production costs due to high taxes on imported salt materials.
“The challenges faced by the salt trade industry are multifaceted and require immediate attention. By lifting the ban on trade with India and reducing taxes on imported salt materials, the government can play a pivotal role in revitalizing the sector, fostering economic growth, and creating job opportunities,” stated Paracha. SMAP advocates for collaborative efforts between the government and industry stakeholders to address these challenges effectively.
Through constructive dialogue and policy implementation, comprehensive solutions can be devised to unlock the full potential of the salt trade sector. As an industry leader committed to driving positive change, SMAP stands ready to collaborate with the government in resolving these pressing issues.
Together, they aim to create an enabling environment for sustainable growth and development, contributing to the socio-economic progress of Pakistan.
