The Supermarkets’ Association of TT (SATT) and the TT Manufacturers Association (TTMA) says all efforts are being made to ensure prices are crucially accessible to consumers.
In a release to media, following a joint meeting on Monday, both associations revealed that they met to discuss supply chain disruption, consumer demand and the call to support local.
“Both SATT and TTMA reaffirmed a commitment to robust strategies revolving around the careful management of consumer confidence in the high standard and quality of consumables produced in T&T and the availability of goods for the population.”
“At the same time, all efforts are being made to ensuring that affordable pricing remains crucially accessible to consumers, while maintaining ongoing discussions with the present administration to increase the ease of doing business.”
“All parties recognize that it has been a difficult period of adjustment for businesses and consumers during this calendar year during the pandemic. As such, initiatives that revolve around consumer livelihood are close to the agendas of both manufacturers and retailers to create as stable an environment for national consumption,” the release says.
“Challenges will be met resolutely by both sides, with a willingness to navigate and resolve them with the consumer’s interest at the forefront. Both parties agreed to further discussions to ensure that the eventual success of these strategies lead to fruitful outcomes.”
Executives of the TTMA and the SATT expect to continue meeting in the future, to assess the success of initiatives they have proposed to raise consumer confidence.