Attention of Authorized Dealers (ADs) is invited
towards the enclosed Ministry of Industries
and Production’s Office Memorandum (O.M)
F. No.1(6)/2022-23-CAO dated June 26, 2024.
As per the O.M., the Economic Coordination
Committee (ECC) of the Cabinet has allowed
export of 150,000 MT of sugar with certain
terms and conditions as provided in its Case
No. ECC-116/12/2024 dated June 13, 2024. The
ECC’s decision has also been ratified
by the Federal Cabinet in its decision case
No. 181/22/2024 dated June 25, 2024.
2. Accordingly, ADs are advised
to process the requests of eligible applicants
for “Export of Sugar”, subject
to submission/fulfillment of the following:
a. ADs will obtain proof
of allocation of quota by the respective
Provincial Cane Commissioner and keep a
copy of the same in their record.
b. ADs will obtain an undertaking from the
exporters that consignment would be shipped
within 45 days from the date of quota allocation.
c. ADs will ensure 100% receipt of export
proceeds in advance from the buyer abroad
through the normal banking channel, before
the shipment takes place, based on valid
sales contract.
d. ADs will submit sugar export transactions
and shipment updates to the Director, FEOD,
SBP-BSC, Head Office, Karachi on weekly
basis as per the enclosed reporting format
(Annexure-I)
at [email protected] by every Friday
at 1700 HRS.
3. In view of the foregoing,
the earlier instructions contained in EPD
Circular Letter No. 06 dated January 30, 2023
on the captioned subject stand superseded.
4. ADs are advised to bring
the above instructions to the knowledge of
all their constituents and ensure meticulous
compliance there against.
Encl: As Above