All Authorized Dealers
In Foreign Exchange,

Dear Sirs,

PAKISTAN’S CREDIT OF US$ 50 MILLION TO IRAQ

Attention of Authorized Dealers is invited to F.E. Circular No.47 dated the 13^th June, 1993 on the captioned subject.

2. We have to advise that the terminal shipment date under the above credit has further been extended up to the 30^th September, 1994. Other terms and conditions issued from time to time for utilization of this credit remain unchanged.

3. We may mention here that the clearances covering the entire credit amount of US$ 50million have already been issued by us. No further request for issuance of clearance for exports under this credit shall, therefore, be entertained.

4. You may please bring the above to the notice of your constituents.