The Presidents/Chief Executives of all
Authorized Dealers in Foreign Exchange
Dear Sirs / Madam,
Export of Sugar – 2017 (V)
Attention of the Authorized Dealers (ADs) is invited to EPD Circular Letter No. 20 dated October 11, 2017 regarding the captioned subject.
2. In terms of Ministry of Commerce (MoC)’s Office Memorandum No. 7(2)/2012-Exp.III dated December 7, 2017 (copy enclosed) regarding the above subject, Government of Pakistan has allowed sugar mills to export additional 1,500,000 MT sugar as per the terms and conditions mentioned therein.
3. The ADs are advised to process the export of sugar quota allocation/ cash freight support against the export of sugar cases as per the mechanism circulated vide EPD Circular Letter No. 20 dated October 11, 2017.
4. All other instructions on the subject shall remain unchanged.
5. Authorized Dealers are advised to bring the same to the notice of all their constituents.
Encl: As above