Circulars/Notifications - Banking Supervision Department  
 BPRD Circular No. 11
March 10, 1999  

All Banks

Dear Sirs,

EXPORT FINANCE SCHEME

 

Please refer to BPRD Circular No. 44 dated the 17th December, 1998 on the above subject.

2.   It has now been decided that export finance facility shall also be made available for export of cotton yarn of below 30 counts effective from March 11 till June 30, 1999. During this period item 2 of the ‘negative list’ containing ineligible commodities circulated vide the aforesaid circular shall be deemed as excluded/suspended. This will enable the exporters to avail the above facility for all counts of cotton yarn.

3.  The above facility in respect of cotton yarn of below 30 counts shall automatically cease to be available after June 30, 1999

          Please acknowledge receipt.


Yours faithfully,
(Mansur-ur-Rehman Khan)
Director

       
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