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Domestic

SCCI promotes pink salt value addition to boost Sialkot’s exports

SCCI, Faysal Bank discuss digital payment challenges faced by exporters
SIALKOT, Oct 26 (APP):Sialkot Chamber of Commerce & Industry (SCCI) organized a session on Pink Salt value
addition to promote another sector to the export basket of Sialkot that was known for value
added items exporting to global market.
Guests- Mines and Minerals Department, Punjab, Secretary Pervaiz Iqbal, Director General
Mines and Minerals, Farooq Rasheed and other guests were warmly welcomed by SCCI
President Khawar Hussain Spall and Senior Vice President (SVP) and Vice President.
The SCCI President thanked the Secretary Pervaiz Iqbal for launching the initiative
in Sialkot on the direction of Chief Minister Punjab Maryam Nawaz Sharif.
The SCCI President said that already new products were continuously being added
in exports of Sialkot and promotion of value added Pink Salt was another addition.
He thanked honorable Chief Minister Ms. Maryam Nawaz Sharif for taking the revolutionary
step to boost value added exports of Pink Salt.
SCCI VP Chaudhry Jahangir Rashid highlighted the importance of familiarizing the business
community with the scheme’s financing facilities and application process, enabling local
enterprises to benefit from available support and explore new avenues for investment,
product development and export growth.
Pervaiz Iqbal encouraged Sialkot’s exporters, with their experience in export manufacturing
and international trade, to seize emerging opportunities in the pink salt sector.
He also invited members to visit the Business Facilitation Centre and Retail Hub established
at Mall Road, Lahore, to explore the products being offered and understand the potential for
developing competitive Pakistani brands.
He urged the businessmen to capitalize on the international demand and value of pink salt.
The scheme offers interest-free financing of up to Rs 50 million per eligible SME under a total
portfolio of Rs 5 billion, with repayment over five years. It aims to support existing businesses
and new entrants through investment in processing, modernization, expansion and other eligible
activities. The planned Pink Salt Mineral Processing Zone at Quaid Abad, District Khushab,
was expected to further facilitate industrial development and value addition, creating opportunities
for Sialkot’s exporters to diversify their product range and strengthen Pakistan’s presence
in international markets.
The Vice President concluded the session by thanking the participants and honorable guests
and said that this would open a new era of Pink Salt exports expressing full confidence on
enterprising members of Sialkot to get full benefit from the opportunity.

Source: APP (Associated Press of Pakistan)