Generalised Scheme of Preferences

supply chain risks
DCTS reduces duty rates on wood products from Indonesia and Vietnam
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The government has introduced the Developing Countries Trading Scheme (DCTS) to improve access to the UK market for developing countries. The DCTS replaces the UK’s Generalised Scheme of Preferences (GSP). This new DCTS is split into three frameworks. Least Developed Countries (LDCs) will receive duty-free, quota-free trade on everything but...
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