In Foreign Exchange,
CREDIT OF US$ 50 MILLION TO IRAQ
Authorized Dealers is invited to F.E.
Circular No.47 dated the 13th 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 30th 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.