Please refer to SMEFD Circular Letter
No. 02 dated March 03, 2009 in terms of which waiver for
90 days, up-to June 30, 2009, was allowed for the purpose
of availing financing under EFS to exporters whose export
proceeds were overdue.
2. On the representations made
by various exporters’ associations it has now been
decided to extend the period of above waiver for another
180 days up-to December 31, 2009.
3.
Other instructions on the subject shall remain unchanged.
Please acknowledge receipt.