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<h1>Average Export Obligation reduction for EPCG authorizations where sector exports declined; regional offices to re-fix and endorse.</h1> Regional Authorities must re-fix the Annual Average Export Obligation for EPCG authorisations for 2024-25 proportionate to sectoral export declines identified in the annexed table, endorse any EO reduction in the licence file and issue amendment sheets to authorisation holders. While considering EO discharge requests, Regional Offices must apply prior policy circulars before issuing demand notices or EODC, and include this stipulation in the EODC check-sheet.