The Head/ Principal Offices of all
Authorized Dealers in Foreign Exchange.
Dear Sirs/Madam,
IMPORT
OF RAW & REFINED SUGAR
Attention
of the Authorized Dealers is invited to the decision of
ECC meeting in terms of which import of raw and refined
sugar has been allowed provided L/Cs for the said import
are established within 15 days.
2.
In this regard, Authorized Dealers are advised to provide
weekly information regarding import of sugar on the following
format:
IMPORT OF RAW SUGAR
Name
of the Party |
Date
of Establishment of L/C |
Quantity
for which L/C established |
Amount
of L/C |
Last
date of Shipment |
Expected
Date of Arrival |
Remarks
/ Current status |
IMPORT
OF REFINED SUGAR
Name
of the Party |
Date
of Establishment of L/C |
Quantity
for which L/C established |
Amount
of L/C |
Last
date of Shipment |
Expected
Date of Arrival |
Remarks
/ Current status |
3.
Above information be faxed to Exchange Policy Department,
State Bank of Pakistan at Fax No.021-9212527 or through
e-mail [email protected] positively by 3:00 P.M on
each Monday for the preceding week ending on Saturday. It
may further be noted that the first report to be submitted
on Monday 14, 2005 should include data pertaining to all
transactions of import of Raw Sugar previously allowed by
SBP under government approved quota as well as those opened
under the free import policy allowed on 8th February, 2005.
Please note that information should also be provided in
case of NIL statement. The time lines mentioned above are
required to be adhered to strictly.