Please refer to the Negative List attached to BPD Circular No.5 dated 24th February, 2003 on the above subject.

2.   It is advised that under the existing provisions of the Export Finance Scheme, export refinance facility is available for export of bleached/unbleached cloth with export value of US$ 3.00 (or equivalent) per square meter. It has now been decided that refinance facility will also be available for export of bleached/unbleached cloth with export value of US$ 2.50 or above per square meter. Accordingly, necessary changes may be made in the Negative List.

3.   Other instructions on the subject shall remain unchanged.

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