The Pakistan Petroleum Dealers Association (PPDA) has deferred its previously planned two-day strike that sought to suspend fuel pump operations throughout the country.
This decision resulted from negotiations conducted with Musadik Malik, the incumbent State Minister for Petroleum. Reports indicate that Malik travelled to Karachi to persuade the PPDA to cancel their countrywide shutdown plans.
The PPDA has revealed that it might engage in further talks with the government in two days. This led to their decision to postpone the strike for the same duration. The association had earlier slated a nationwide stoppage of fuel pumps starting July 22. Given the rampant inflation crisis, this move was in response to their demand for an uptick in profit margins.
In their statement, the PPDA underscored the downturn in sales and the blow dealt to their operations by smuggling Iranian fuel. They have called for revising the dealership margin to respond to their grievances adequately.