Islamabad, Federal Minister for Commerce, Jam Kamal Khan, orchestrated pivotal meetings with key figures from the Sugar Mills Association and the Ethanol Manufacturer Association to deliberate on the pressing issues confronting their sectors and to strategize on future growth. The engagements were designed to catalyze collaborative efforts and actionable strategies to surmount industry challenges and propel growth.

According to Press Information Department, these discussions facilitated by the Ministry of Commerce underscored the government’s approach to involve industry stakeholders in decision-making processes. The Sugar Mills Association brought to the table concerns about potential tariff hikes on Molasses exports, stressing the export’s role in strengthening foreign reserves and advocating for infrastructural enhancements to boost export capabilities. In contrast, Ethanol Manufacturer Association representatives called for policies to protect the domestic industry, suggesting restrictions on Molasses exports to safeguard local ethanol production and proposing the importation of raw sugar to support the industry.

Minister Jam Kamal acknowledged these concerns, affirming his dedication to representing and advancing industry interests. He committed to swift action to address the discussed issues, emphasizing the vital role of these sectors in economic development and foreign reserve accumulation. The discussions concluded with a consensus on the necessity of joint efforts to navigate industry challenges and optimize growth opportunities.

Jam Kamal’s interactions with these associations demonstrate a concerted effort to ensure the vitality and competitiveness of the sugar and ethanol sectors, recognizing their importance in Pakistan’s economic landscape.