1.27
- Document type
- Manual
- Dated
- Category
- Exchange Management Manual
Restrictions on Transactions with certain countries
Export-Import Policy (1997-2002) prohibits exports to/imports from Fiji * and Iraq. No remittances should be made to these countries or on account of their Governments or any of their agencies or nationals except to the extent generally or specially authorised by Reserve Bank from time to time. However, there shall be no ban on the export of items to Iraq in cases where the prior approval of the concerned Sanctions Committee of the United Nations Security Council has been obtained. Remittances and other facilities available to foreign nationals (Chapter 11) are not available to Pakistani nationals. Personal remittances to Pakistan shouldalso not be allowed.
* This prohibition is currently on Iraq only vide DGFTs Public Notice No.73(PN)/97-02 dated 24th February 1998