Salt industry output seen held back by reclamation, import competition
Excerpt
The salt industry is unable to boost production due to the reclamation of shoreline and competition from imports, an organization of farmers said. “Due to cutthroat trade liberalization and side-by-side reclamation projects, local salt farms started closing one after the other,” the Kilusang Magbubukid ng Pilipinas (KMP) said in a statement. “Cheaper imported salt also flooded the markets, driving small salt producers and marginal fisherfolk into bankruptcy,” it added.
Citation
Jocson, L. M. J. C. (2022, September 12). Salt industry output seen held back by reclamation, import competition. Business World, p. S1/5.
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