Waiver of E-form requirement for consignment applauded.

KARACHI -- Mian Anjum Nisar, President, Federation of Pakistan Chambers of Commerce and Industry (FPCCI), and Shaikh Sultan Rehman, Vice President have applaud the State Bank of Pakistan for the waiver of the E-form requirement for up to the US $5000 per consignment for small industries. They said in a statement on Friday that this move will facilitate the small exporters, especially women business entrepreneurs, and will tremendously boost the exchequer. "The State Bank of Pakistan has exempted exports from the E-form requirement for up to the US $5000 per consignment in order to boost exports in the changing situation of global consumer markets due to the Covid-19 epidemic crisis. The State Bank of Pakistan has issued a detailed regulatory framework to facilitate Business-to-Consumer (B2C) E-Commerce exports from Pakistan."

They further said that this exemption will facilitate the exporters for sending goods directly to consumers market and will encourage many others who were not able to face the documentations complications. FPCCI always recommends the government for business friendly policies for the small...