As per chapter 7 of the Guidelines for Foreign Exchange Transactions (GFET)-2018, Volume-1, Bangladesh Bank permits Authorized Dealers (Ads) to issue import LCs with realization clause for imports by companies operating in EPZ/EZ. Considering this, in order to facilitate export trade during COVID-19 pandemic, it has been decided that input procurements under back to back LCs/usance LCs may be issued with realization clause on behalf of exporters operating outside specialized zones provided that: (a) ADs shall have to satisfy themselves regarding execution of the relative export orders; (b) there is a transparent arrangement under which suppliers are in agreement to accept the relevant LCs with realization clause; (c) LC liabilities will not be settled under ‘net-off’ arrangement with export proceeds.