Circulars/Notifications - Exchange Policy Department  
 F.E. Circular No. 09
March 13, 1996 

All Authorized Dealers
In Foreign Exchange,

Dear Sirs,

IMPORT OF SUGAR

As decided by the Government, Authorized Dealers are advised to allow opening / establishment of Letters of Credit for import of sugar with immediate effect from the cheapest possible worldwide sources except Israel.

2. Head Offices of the Pakistani banks and Principal Offices of foreign banks are requested to inform Mr. Ghulam Muhammad, Additional Director, the value and quantity of sugar for which L/Cs are opened on telephone No.2416668 on daily basis, to be confirmed in writing on the next working day.

       
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