On the requests of PPA in view Governor SBP has agreed to address and will try to resolve all issues. The concluded mutually agreed issues for which SBP have committed to try and workout solution. After receipt of certain data pertaining to these problems to be provided by PPA. SBP has positively responded and agreed to resolve problems.
The problems discussed may be summarized in the following three points;
1. SBP will help and will try to facilitate for release of documented stuck-up goods /containers /consignments at Ports / Airports, for which details in terms of a list of stuck-up things with PCT / HS codes along with the worth of each consignment. The above data may please be emailed to the PPA Central office. After that Director SBP will also send a format for extended data requirements, which will be circulated through the group.
2. SBP will facilitate opening of new LCs in second stage for that members interested for this are requested to provide PCT / HS codes along with worth/amount of LCs.
3. SBP will also help to removal 100 percent cash margin condition for import of goods under PCT Code 2309.9000, to make decision in this regard SBP requires certain data from concerned PPA members so members who intends to import goods in this category are requested to provide details of worth /amount of goods intended to import so that SBP can take respective measure to facilitate.
All PPA members who want to avail above concessions, which are likely to be provided by SBP are requested to email the above data to the central office.