The Presidents/Chief Executives of all
Authorized Dealers in Foreign Exchange
Extension in Deadline for Export of Sugar – 2017 (II)
Attention of the Authorized Dealers is invited to EPD Circular Letter No. 10 dated April 7, 2017 regarding the captioned subject.
5. Authorized Dealers are advised to bring the same to the notice of all their constituents.
2. In terms of the Ministry of Commerce, Government of Pakistan’s Office Memorandum No. 7(2)/2012-Exp.III dated June 17, 2017 (copy enclosed) the deadline for the shipment against sugar export quota has been extended upto July 31, 2017. Accordingly, it is advised that all exporters must ship the sugar within 60 days from the date of SBP approval regarding quota allocation or by July 31, 2017, whichever comes earlier.
3. However, for exports bound for Afghanistan through land route, the exporters must ship the sugar within 82 days from the date of FEOD’s approval regarding quota allocation or by July 31, 2017, whichever comes earlier.
4. All other instructions on the subject shall remain unchanged.
Encl: As above