CCP proposal for cement bag labeling sent for deliberation by PSQCA

News Image

MG News | May 02, 2024 at 11:32 AM GMT+05:00

May 02, 2024 (MLN): The Ministry of Science and Technology has decided to send the Competition Commission of Pakistan’s (CCP) proposal of revision of national cement standards for disclosure of "manufacturing/expiry dates" on cement bags to the PSQCA for deliberation in the Technical Committee.

A CCP team, led by Member OFT Saeed Ahmad Nawaz, held a follow-up meeting with Ali Tahir, Additional Secretary (In-charge) of the Ministry of Science and Technology (MoST), to discuss the proposal to amend the National Cement Standards, making the ‘manufacturing/packaging and expiry/best before’ dates on cement bags mandatory.

The proposal was sent through a Policy Note issued on 7 March 2024 to MoST and the Pakistan Standards and Quality Control Authority (PSQCA).

During the meeting, Member CCP emphasized the importance of these disclosures due to cement's hygroscopic nature, noting that non-disclosure violates Section 10 of the Competition Act, 2010. He highlighted the current practice where manufacturers disclose manufacturing/packaging and expiry/best-before dates individually on bags and collectively on bales for export but omit them for local products. He stressed the need for a collaborative control mechanism involving all stakeholders.

The Ministry pledged full assistance to the CCP in protecting consumer interests as mandated in Section 10 of the Competition Act, 2010. It was decided in the meeting that the matter will be referred to PSQCA for deliberations in Technical Committee meeting, which is scheduled on 7 May 2024.

The participants of the meeting also agreed with Member CCP’s proposal of convening a meeting with stakeholders, including the cement manufacturers association, to discuss the issue and inform them about potential enforcement actions.

The meeting was also attended by senior officials from CCP, the MoST and the PSQCA.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 177,692.92
292.03M
-0.44%
-778.95
ALLSHR 107,527.40
755.35M
-0.21%
-222.76
KSE30 53,022.89
136.49M
-0.33%
-177.32
KMI30 254,789.27
135.36M
-0.08%
-207.69
KMIALLSHR 69,937.14
438.67M
-0.02%
-16.42
BKTi 47,966.64
21.05M
-1.22%
-591.93
OGTi 36,833.67
15.21M
0.60%
217.97
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 62,745.00 62,975.00
62,425.00
380.00
0.61%
BRENT CRUDE 76.68 76.82
76.20
-0.40
-0.52%
RICHARDS BAY COAL MONTHLY 115.00 0.00
0.00
0.00
0.00%
ROTTERDAM COAL MONTHLY 125.90 125.90
125.90
-0.15
-0.12%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 72.81 73.18
72.34
-0.40
-0.55%
SUGAR #11 WORLD 13.93 14.03
13.75
0.09
0.65%

Chart of the Day


Latest News
June 23, 2026 at 08:01 PM GMT+05:00

SBP raises Rs1.2tr in MTB Auction


June 23, 2026 at 06:00 PM GMT+05:00

Money supply approaches Rs49tr in May


June 23, 2026 at 06:00 PM GMT+05:00

SpaceX loses $600bn in three-day rout



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg