New UK trading scheme to replace GSP cuts tariffs on hundreds of everyday products
Monday, August 15, 2022
The Developing Countries Trading Scheme (DCTS) will help UK businesses access hundreds of products from around the globe at lower prices, reducing costs for UK consumers.In early 2023, the UK’s DCTS will replace the UK’s current Generalised Scheme of Preferences (GSP). The government is introducing the DCTS to improve access to the UK market for developing countries.
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