With the goal of modernising foreign exchange laws, the State Bank of Pakistan (SBP) has recommended amendments to its regulatory instructions for exporting commodities from Pakistan.
The central bank stated in a statement that the new suggested framework would make it easier for Pakistani exporters to sell their products on digital marketplaces, and that the modifications would make conducting business easier by streamlining existing instructions.
“Among the important revisions recommended is a framework for assisting Pakistani exporters in selling their products through worldwide digital marketplaces such as Amazon, e-Bay, and Ali Baba under the business to business to consumer (B2B2C) e-commerce model,” according to a news release.
Source: Mashable
