Govt of Sindh Food Department Opportunity for Wheat Exporters
FOOD DEPARTMENT GOVERNMENT OF SINDH
NO: SO(W)-4(03)/2015-16-Export Karachi, the 28th January, 2016
OPPORTUNITY FOR WHEAT EXPORTERS
The Government of Sindh has been pleased to offer 200,000 MT of wheat stock for export by giving a rebate of USS 45 per MT each by Provincial and Federal Government in accordance with notification issued by Ministry of National Food Security and Research, Government of Pakistan, Islamabad dated 02.02.2015. The salient features of the scheme for export of wheat are as under:
a) Cost of wheat Rs. 3340/100 KG Bag (Packed in Jute Bags) and 3275/100 KG Bag (Packed in P.P Bags). However, the rebate of provincial government will be allowed at the time of release of wheat.
b) Sindh Food Department and Exporters will sign an agreement for purchase of specific quantity of wheat for export.
c) Exporter will deposit above cost of wheat with Bardana (less rebate amount of provincial government in Pak Rupees) through Demand Draft / Pay Order / Inland Letters of Credit (ILC).
d) Exporter will submit bank guarantee by any of the designated banks valid for 120 days, equal to rebate amount of the quantity purchased @US$45 per MT (for provincial rebate on Inter Bank Rate) on or before the date of signing of agreement.
e) Exporter will export wheat by 15th March 2016 (as fixed by Federal Government) from the date of lifting / delivery.
f) The bank guarantees will be released upon submission / verification of export documents by the exporter.
g) All required information and documents may be obtained from the Office of the Director Food, Sindh Karachi, 4th Floor, New Sindh Secretariat, Karachi.
Phone Nos. 021 -99211519 & Fax No. 021 -99211981.
SECTION OFFICER (WHEAT)