Circulars/Notifications - Exchange Policy Department  
EPD Circular Letter No. / 11 / / /IPU/2(47)-2008 

November 18, 2008

The Head/Principal Offices of all
Authorized Dealers in Foreign Exchange

Dear Sirs/Madam,

Import of Wheat and Export of Wheat Flour by the Private Sector

Please find enclosed Ministry of Commerce’s SRO No. 1190(I)/2008 dated 14th November 2008 regarding import of wheat, SRO No. 1191(I)/2008 dated 14th November 2008 regarding export of wheat flour by the private sector and Ministry of Food and Agriculture’s Notification No. F.6(6)2008-Wheat.I dated 14th November, 2008 containing  specifications of wheat to be imported by the private sector.

In this regard, Authorized Dealers are advised to obtain approval of the State Bank before establishment of LCs for import of wheat on behalf of their clients. The Head Offices of the banks will submit to SBP a consolidated status of LCs opened on daily basis. First such report should reach us by the close of business today i.e. 18th November, 2008. 

Please bring the above to the notice of all your constituents.

Encl: as above

Yours sincerely,

(Muhammad Akmal)
Joint Director

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