Rule · SBP · 28 Oct 2026 · EPD Circular Letter No. 16 of 2026
Authorized Dealers in Foreign Exchange may process export transactions of eligible sugar mills located in KPK against their respective quotas, subject to the terms and conditions in EPD Circular Letter No. 15 dated October 13, 2026, and MNFSR's Office Memorandum dated October 09, 2026, following MNFSR's October 25, 2026 confirmation that the Government of KPK endorsed the KPK sugar mills' quota. Authorized Dealers must ensure meticulous compliance with these instructions; all other instructions in the referred circular letter remain unchanged.
EPD Circular Letter No. 16 — October 28, 2026
The Presidents/Chief Executives
Authorized Dealers in Foreign Exchange
Dear Sir/Madam,
Revised Instructions - Export of 200,000 MT of Sugar
Attention of Authorized Dealers is invited to EPD Circular Letter No. 15 dated October 13, 2026, on the subject cited above.
Enclosed:
Yours sincerely,
Fareed Rizwan Shamsi
Additional Director
Islamabad, the 25 October , 2026
GOVERNMENT OF PAKISTAN
MINISTRY OF NATIONAL FOOD SECURITY & RESEARCH
No.19(12)EXPORT/PED/API-0004
OFFICE MEMORANDUM
SUBJECT: EXPORT OF 200,000 MT OF SUGAR DECISIONS REGARDING EXPORT QUOTA, SHIPMENT DEADLINE AND REALIZATION OF EXPORT PROCEEDS The undersigned is directed to refer to this Ministry Letter No. 19(12) EXPORT/PED/API-0005 dated 9th October, 2026 regarding allocation of export quota, shipment period, and the mechanism for realization and reporting of export proceeds in respect of 200,000 MT sugar exports.
2. The endorsement from the Government of Khyber Pakhtunkhwa (KP) regarding quota of KP Sugar
Mills has been received and attached as ( Annex-I).
3. The State Bank of Pakistan is, therefore, requested to kindly take necessary action and issue
appropriate instructions to the Authorized Dealers/concerned banks, as required, for implementation of the Steering Committee decisions, please. Muhammad Asif DFSC-II
Muhammad Asif
DFSC-II
Muhammad Asif
DFSC-II 25 October , 2026, 07:53:44 PM
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“Attention of Authorized Dealers is invited to EPD Circular Letter No. 15 dated October 13, 2026, on the subject cited above.”
This document amends: Revised Instructions for Export of 200,000 MT of Sugar
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