Please
refer to the BSD Circular No. 6 dated 13th April
2002 in terms of which export finance facilities were extended
under the captioned Scheme for export of Brown Rice in bulk
/loose to the European Countries against sight LCs only.
2.
In order to further support the exports of Brown Rice
it has been decided to allow pre-shipment export finance facilities
under Part-I of the captioned Scheme to the exporters of the
Brown Rice in bulk / loose against contract, with shipment
to be allowed only against an irrevocable LC.
Please
acknowledge receipt.
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