Revised Instructions for Export of 200,000 MT of Sugar

EPD Circular Letter No. 15 — October 13, 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. 14 dated October 2, 2026, on the subject of “Export of 200,000 MT of Sugar”.

2. In this regard, Authorized Dealers are advised that the Ministry of National Food Security & Research (MNFSR) vide its Office Memorandum No. 19(12)/EXPORT/PED/API-0005 dated October 09, 2026 has communicated the revised province and mill-wise sugar export quotas received from Pakistan Sugar Mills Association (PSMA) vide their letter No. PSMA-C/B-9/2026/450 dated October 3, 2026, along with the correction to the names of three (3) sugar mills as communicated by PSMA vide letter No. PSMA-C/B-9/2026/457 dated October 8, 2026 (copies enclosed).

3. As per above communications, the Government of Punjab and Government of Sindh have endorsed the revised quotas of sugar mills located in their respective provinces. While the endorsement from the Government of Khyber Pakhtunkhwa (KPK) is still awaited. Accordingly, Authorized Dealers may process the export transactions of eligible sugar mills of Punjab and Sindh as per their revised quotas, subject to the following conditions:

a. The export of sugar shall be made against sight letter of credit or advance payment. b. The shipment of sugar shall only be made by sea.
c. There will be no shipment deadline.
d. The realization of export proceeds against letter of credit shall be made within the regulatory timeperiod prescribed by SBP. e. Authorized Dealers 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-A) at sugar.epd@sbp.org.pk by every Friday at 1600 HRS.

4. The endorsement of revised quota by the Government of KPK will be communicated as and when received from MNFSR. Accordingly, the Authorized Dealers shall process export transactions of eligible Sugar Mills located in KPK after receipt of this confirmation.

5. Authorized Dealers shall perform appropriate due diligence of the transactions and satisfy themselves with the bona fides of the client and underlying transaction in line with the applicable regulations.

6. Authorized Dealers are advised to ensure meticulous compliance with the above instructions and the conditions stipulated in the enclosed Office Memorandum of MNFSR.

Enclosed:

• Annexure - A
• Enclosure (MNFSR letters)

Yours sincerely,

Dr. Asif Ali
Director

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MNFSR letters)

MOST IMMEDIATE
19(12) EXPORT/PED/API-0001
Government of Pakistan
Ministry of National Food Security & Research
Islamabad, 3rd October, 2026
Subject: EXPORT OF 200,000 MT OF SUGAR
The undersigned is directed to refer, Pakistan Sugar Mills Association (PSMA) letter No. PSMA-C/B-9/2026/450 dated 3rd October 2026 regarding Province wise allocation of export quota to Sugar Mills, for the export 200,000 MT of sugar approved by the Federal Cabinet. Copy of PSMA letter is enclosed as (Annex-I).
2. The Cabinet Committee on sugar export, which met on 8
th September 2026 under the
Chairmanship of the Deputy Prime Minister/Minister for Foreign Affairs, considered the modalities of this export and regarding the provincial quota following decision was taken by the Cabinet Committee and reflected in the minutes of the meeting issued on 12th September, 2026 at Para 4(d) and reproduced as under:
The export allocation among sugar mills shall be strictly on provincial quota based, determined according to their verified crushing season capacity/performance. The ministries shall not get involved in this matter 3. Therefore, all Provincial Cane Commissioners are requested to verify the crushing performance of Sugar Mills shared by the PSMA and give their feedback till 4 th October, 2026 at 2:00 P.M so that Ministry of National Food Security and Research may convey the same to the State Bank of Pakistan to take necessary action and issue appropriate instructions to the Authorized Dealers/Concerned banks, as required, for implementation of the Federal Cabinet decision for export of 200,000 MT of sugar.

(MUHAMMAD ASIF)
Deputy Food Security Commissioner-II
Distribution:

1. Cane Commissioner, Government of Punjab, Lahore
2. Cane Commissioner, Government of Sindh, Karachi
3. Cane Commissioner, Government of Khyber Pakhtunkhwa, Peshawar
   Copy for information to:
4. Minister for National Food Security and Research, Islamabad.
5. Secretary, Ministry of National Food Security and Research, Islamabad.
6. Additional Secretary (Admin & Technical), MONFSR, Islamabad.
7. Joint Secretary, DPM/MOFA, Islamabad.
8. Secretary, Food Safety and Consumer Protection department, Govt. of Punjab, LHR
9. Secretary, Agriculture, Supply and Prices Department, Government of Sindh, KHI
10. Secretary, Food Department, Government of Khyber Pakhtunkhwa, Peshawar

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Annexure-A

Annexure -A
NAME OF THE BANK, ADDRESS & CONTACT INFORMATION WEEKLY PROGRESS REPORT SHOWING THE PARTICULARS OF SUGAR EXPORT BY AUTHORISED DEALERS IN PAKISTAN (In terms of EPD Circular Letter No. dated ) STATEMENT DATED____________________________ Sr. Bank Province Total Sugar Allocated to Exporter (MT) Name of Exporter F.I Number Approved Quantity as per F.I (MT) (a) Quantity Shipped (MT) (b) Quantity Unshipped (a) –(b) GD Number Shipment Date LC / AP LC/Advance Payment Contract Value (in USD) Advance Payment Receipt Date LC No. LC Opening Date Export Proceeds Realized against LC (in USD) Export Proceeds Receipt Date Name of Importing Country AD's Remarks (if any) 1 2 3 Certiϐied that the above information is complete and accurate in respect of all approvals of sugar export in terms of the above referred circular letter, handled by all branches of (Name of Bank) located in Pakistan. Name of Authorized Person Name of Authorized Person Designation Designation Contact No. Contact No. Instructions:

1. The data shall be reported in MS excel format.
2. The AD will initially report the data upon opening of the F.I. and subsequently update the shipment information.
3. The status shall reϐlect all FI Numbers approved by AD under the current scheme in terms of the above-mentioned circular letter.
4. The data shall be reported in chronological order as per the date of Advance Payment/LC.
5. The consolidated data shall be provided on a bank-wide basis.