Consumer Affairs Authority denies salt price cap agreement

Sri Lanka's Consumer Affairs Authority rejected news reports about salt price talks. The agency said no meetings occurred between the authority and salt makers. Officials stated the reports contain false information about price agreements.

The Consumer Affairs Council held separate discussions with salt companies. This council operates independently from the main consumer authority. The council wanted to hear company views about setting maximum salt prices.

Authority Chairman explained the council will decide on price limits after reviewing company concerns. The council must first notify the consumer authority of any decisions. The authority would issue official price announcements through government gazette notices after receiving council recommendations.

False reports claimed salt manufacturers suggested prices that officials accepted. The chairman denied these stories completely. No such proposals or agreements took place during any meetings.

The authority warned salt importers and manufacturers about improper labeling practices. Some companies release products without showing importer details or retail prices clearly. Officials threatened legal action against businesses that violate labeling rules and urged traders to avoid buying unlabeled salt products.

All traders must keep accurate invoices showing supplier names and product costs. The authority warned that possessing goods without proper paperwork will result in legal consequences. Officials reminded businesses to maintain complete documentation for all salt transactions.
 

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