2020-03-24

Added · Updated

FEPD Circular No. 17: Extension of usance period for import of life saving drugs

The circular amends the usance period for importing life-saving drugs from 90 days to a maximum of 180 days, allowing Authorized Dealers to extend payment terms based on client needs. This change applies to imports governed by the Guidelines for Foreign Exchange Transactions-2018 and remains effective until September 30, 2020. All other instructions regarding import trade remain unchanged.

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