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August 17, 2003 Sunday Jumadi-us-Sani 18, 1424





Over-programming allowed



By Our Staff Reporter


KARACHI, Aug 16: Ministry of Commerce has allowed over-programming in specified categories of textiles, to four destinations: US, EU, Canada and Turkey.

A circular issued by the director, Textile Quota Management, (Export Promotion Bureau, Government of Pakistan) on Saturday stated that on the recommendation of the Quota Supervisory Council and Export Promotion Bureau, Ministry of Commerce had allowed Over Programming (O/P) in the following categories:

USA: In all categories except categories 666(S); 666(P); 360 and 361. EU: In all categories except in category 6;9 and 20. Canada: In all categories and Turkey: In all categories except category 2A.

The circular further explained that the utilization of Over Programming quota would be subject to the following:

(1) The O/P would be non-transferable; (2) The O/P would be for one time use only; (3) O/P would be calculated on the net quota available in exporters CPB i.e. entitlement+ auction+ transfer in (-) transfer out; (4) The O/P quota should be availed only after 100 per cent of all quotas (including carry over, swing, shift) of that category have been utilized by an exporter; (5) EPB may withdraw O/P in any or in all categories if situation so warrants in consultation with QSC; (6) All associations would give in writing that the (O/P) was being allowed at their request and associations were in agreement with QSC’s recommendation; (7) An undertaking, to be submitted at the time of application, on stamp paper that in case of excess shipment reported by importing country, pro-rata quantity would be deducted from exporter’s 2004 entitlement and (8) The other terms and conditions for utilization would remain the same as notified vide SRO 5(1)2001 dated January 1, 2001 as amended from time to time.






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