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The Developing Countries Trading Scheme

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The Developing Countries Trading Scheme

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Details on the UK’s Generalised Scheme of Preferences (GSP).

The Developing Countries Trading Scheme (DCTS) will replace the current Generalised Scheme of Preferences in early 2023.

The UK Generalised Scheme of Preferences ( GSP) gives eligible developing countries certain trade preferences. These trade preferences reduce or remove rates of duty (tariffs) on imports into the UK.

gov.uk

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