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Sri Lanka Weighs Salt Imports Due to Production Issues

 


The Ministry of Trade, Commerce, and Food Security, under Minister Vasantha Samarasinghe, has announced that private companies have sought approval to import salt. This consideration arises in response to challenges affecting local salt production. Sri Lanka, with its natural advantages of abundant sunlight and a long coastline, traditionally meets its salt demand domestically. However, recent adverse weather conditions have disrupted production levels.

According to R.M. Gunaratne, General Manager of Lanka Salt Limited, the country currently holds a reserve of 12 metric tons of salt, sufficient to meet domestic needs for approximately two months. Concerns over potential shortages have emerged due to ongoing production shortfalls linked to unfavorable weather patterns, prompting calls for contingency measures.


Government’s Response and Feasibility of Imports

The Ministry of Trade, in collaboration with the Ministry of Industries, is evaluating the feasibility of importing salt to address any future shortages. Prolonged rainy weather remains a significant concern, further emphasizing the importance of strategic planning to stabilize supply chains. While imports are not immediately necessary given the current reserves, the government aims to proactively mitigate risks.


Addressing Market Manipulation Concerns

Reports of market manipulation have surfaced, with allegations that certain stakeholders have artificially inflated salt prices by creating a false perception of scarcity. Minister Samarasinghe strongly condemned these unethical practices, underscoring the need for regulatory measures to prevent unjustified price hikes. The Ministry is actively monitoring the market to ensure fair pricing and protect consumers from exploitation.


Precautionary Measures for Supply Stability

Although the current salt reserves are sufficient to meet short-term demand, the government is taking precautionary steps to maintain market stability. The exploration of salt imports is part of a broader strategy to address potential risks, safeguard consumer interests, and ensure uninterrupted supply for domestic consumption.


Conclusion

The government’s proactive approach reflects its commitment to stabilizing the salt market and addressing the challenges posed by unpredictable weather. By balancing the evaluation of imports with measures to curb market manipulation, the Ministry seeks to protect consumers and support Sri Lanka’s domestic salt industry. These efforts underline the importance of strategic planning to navigate short-term disruptions while ensuring long-term resilience in salt production and distribution.

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