The State Financial institution of Pakistan (SBP) has notified revisions in international alternate rules for export of products from Pakistan (chapter 12 of the Overseas Alternate Guide). In line with a press release issued on Friday, the important thing modifications embody amendments in rules to facilitate export transactions by means of the Pakistan Single Window when it turns into operational. This may eradicate the requirement of digital Kind-E (EFE) for finishing up exports from Pakistan. “One other key modification launched within the revised export rules is the framework for facilitating Pakistani exporters/entrepreneurs to promote their merchandise by means of worldwide digital marketplaces together with Amazon, e-Bay, Ali Baba beneath business-to-business-to-consumer (B2B2C) e-commerce mannequin,” it mentioned.
Printed in The Categorical Tribune, July 3rd, 2021.