BR100 Increased By (1.02%)
BR30 Increased By (1.71%)
KSE100 Increased By (0.58%)
KSE30 Increased By (0.65%)
BECO 6.03 Increased By ▲ 0.26 (4.51%)
BML 52.61 Decreased By ▼ -0.39 (-0.74%)
BOP 34.23 Increased By ▲ 0.24 (0.71%)
CNERGY 8.16 Increased By ▲ 0.05 (0.62%)
DCL 12.23 Increased By ▲ 0.03 (0.25%)
FCCL 53.80 Increased By ▲ 0.97 (1.84%)
FCSC 5.24 Increased By ▲ 0.17 (3.35%)
FFL 18.03 Increased By ▲ 0.08 (0.45%)
FNEL 1.30 Increased By ▲ 0.01 (0.78%)
HUMNL 11.00 Increased By ▲ 0.12 (1.1%)
KEL 8.07 Increased By ▲ 0.05 (0.62%)
KOSM 5.39 Decreased By ▼ -0.13 (-2.36%)
MLCF 87.90 Increased By ▲ 1.39 (1.61%)
NBP 186.60 Increased By ▲ 1.44 (0.78%)
PACE 10.75 Increased By ▲ 0.17 (1.61%)
PAEL 39.95 Increased By ▲ 0.53 (1.34%)
PIAHCLA 26.19 Decreased By ▼ -0.03 (-0.11%)
PIBTL 17.32 Increased By ▲ 0.65 (3.9%)
PPL 233.49 Increased By ▲ 5.31 (2.33%)
PRL 34.98 Increased By ▲ 0.30 (0.87%)
PTC 67.71 Increased By ▲ 2.38 (3.64%)
SEARL 90.90 Increased By ▲ 0.77 (0.85%)
SSGC 27.20 Increased By ▲ 0.60 (2.26%)
TELE 8.57 Increased By ▲ 0.29 (3.5%)
THCCL 60.85 Increased By ▲ 2.35 (4.02%)
TPLP 8.78 Increased By ▲ 0.56 (6.81%)
TREET 24.65 Increased By ▲ 0.12 (0.49%)
TRG 71.50 Increased By ▲ 1.79 (2.57%)
WAVES 10.01 Increased By ▲ 0.07 (0.7%)
WTL 1.27 Decreased By ▼ -0.01 (-0.78%)

PESHAWAR: Traders associated with the tea sector have raised serious concerns over imposition of minimum retail price (MRP) on the legal import of black tea.

They stressed the need for pragmatic steps for diversification, modernisation, quality improvement and formulation of a proper mechanism to overcome the issues related to the tea sector.

These issues were discussed during a meeting of tea traders and importers chaired by Sarhad Chamber of Commerce and Industry President Junaid Altaf upon the visit of the Vice President of the Federation of Pakistan Chambers of Commerce (FPCCI) Aman Paracha upon to the Chamber House.

In his opening remarks, the SCCI chief informed about the issues associated with the tea sector, especially frequent closure of borders, policy and administration drawbacks, and others. He said the KP is far away from seaport due to which traders were being faced with multiple issues and cost of doing business has increased amid fresh wave of terrorism, natural calamities and anti-business/ trade policies.

The chamber president called for concrete measures for proper branding, packing of tea and issues associated with this important sector which has enormous contribution in economic growth, business and employment throughout the country.

However, FPCCI VP Aman Paracha acknowledged that the KP has suffered immensely owing to terrorism, floods and other major reasons that has brought sluggishness in business, trade and export.

He stressed the need of offering a special financial relief package and special incentive to revive business and industry in the war-torn KP region.

He said the tea sector has suffered a lot due to countless factors and hurdles that have highly perturbed the traders and importers.

Regarding the imposition of MRP on import of tea, Paracha said MPR has become awful for the traders because MRP cannot be imposed on bulk of tea import. He stated this issue has proactively taken up with authorities concerned and hoped efforts are under way to abolish this MRP.

Copyright Business Recorder, 2025

Comments

Comments are closed for this article.