Irrevocable letter of credit in the first sentence of Para 1.5 of FTP - Updated as on 19.04.2007 - 020/2007 - Foreign Trade Policy

Irrevocable letter of credit in the first sentence of Para 1.5 of FTP - Updated as on 19.04.2007 NOTIFICATION NO. 20/2007 Dated 13/08/2007 S.O.(E) In exercise of powers conferred by Section 5 of the Foreign Trade (Development Regulation) Act, 1992 read with Paragraph 1.3 of the Foreign Trade Policy(FTP), 2004-2009, as amended, the Central Government hereby makes the following amendments with immediate effect in FTP, 2004-2009 (Updated as on 19.04.2007):- 2. The words 'irrevocable letter of credit' in the first sentence of Para 1.5 of Foreign Trade Policy, 2004-2990 (Updated as on 19.04.2007) shall be substituted by the words 'irrevocable commercial letter of credit'. 3. This issues in Public Interest. (R.S. Gujral) Director General of Foreign Trade Ex Officio Addl. Secretary to the Govt. of India (Issued from File No.01/91/180/000629/AM08/PC-III)