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UK includes Kyrgyzstan, Uzbekistan in new Developing Countries Trading Scheme

UK includes Kyrgyzstan, Uzbekistan in new Developing Countries Trading Scheme
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Ministry seeks feedback on UK trade rules

UK Launch Scheme to Drive Trade with Nigeria, Boost Jobs

Emma Okonji The UK Government has launched a consultation on new trading rules that will help countries like Nigeria grow their trade and build back better businesses and help British businesses and consumers at the same time. The UK Developing Countries Trading Scheme (DCTS) is a major opportunity to grow free and fair trade with developing nations. The proposed scheme will  apply to 70 qualifying countries, including Nigeria,  and include improvements such as lower tariffs and simpler rules of origin requirements for countries exporting to the UK, allowing countries to diversify their exports and grow their economies. The UK currently operates a similar scheme rolled over from the EU, but as an independent trading nation we can now take a simpler, more generous, pro-growth approach to trading with developing countries.

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