Circulars

Facilitation of Afghan Transit Trade

April 01, 2022
3710

The Presidents/Chief Executives of all

Authorized Dealers in Foreign Exchange

Dear Sir/Madam,

Facilitation of Afghan Transit Trade

  1. Attention of Authorized Dealers is drawn towards EPD Circular Letter No. 14 dated September 20, 2021 in terms of which the requirements of submission of proceed realization certificate for freight and container detention charges for consignment of Afghan Transit Trade and maintenance of separate PKR account by shipping companies/agents for accepting container detention charges was deferred until March 31, 2022.
  2. Considering the prevailing situation in Afghanistan, it has been decided to further defer the requirements of submission of proceed realization certificate for freight and container detention charges in respect of consignment of Afghan Transit Trade, as mentioned in Para 4((i(n)) & 4A((ii(g)), Chapter 14 (Commercial Remittances) of Foreign Exchange Manual, and maintaining separate PKR account by shipping companies/ agents for accepting container detention charges, as mentioned Para 4A(i), Chapter 14 ibid until December 31, 2022.
  3. Authorized Dealers are advised to bring the above developments to the notice of all their constituents for meticulous compliance.

Yours sincerely,

Athar Ghafoor
Additional Director