The
Chief Executives/Presidents,
All
Banks / DFIs
Dear
Sirs / Madam,
Trade
Policy 2007-08- Letters of Credit for Import of Precursor
Chemicals
Please
find enclosed Table I and II of the United Nations Convention
against Illicit Traffic in Narcotics Drugs and Psychotropic
Substances 1988 received from the Ministry of Narcotics
Control regarding the above subject.
The
Cabinet in its meeting held on 18th July, 2007 has directed
in Case No. 89/10/2007 regarding Trade Policy 2007-2008
that NOC of the Ministry of Narcotics Control may be obtained
for import of precursor chemicals.
Therefore,
all banks are advised to ensure that letters of credit for
the import of precursor chemicals as provided in Table I
& II of the UN Convention against Illicit Traffic in
Narcotic Drugs and Psychotropic Substances 1988 (copy
enclosed) are opened only on production of NOC issued
by the said Ministry.
Please acknowledge receipt.