Government’s New Developing Country Scheme Launches

Jun 21, 2023

Government’s New Developing Country Scheme Launches

This week saw the start of the government’s new Developing Countries Trading Scheme (DCTS), which replaces the Generalised Scheme of Preferences (GSP).

From 19th June, 65 countries around the world have been included in the new post-Brexit trading scheme, which is reportedly about to save £770m per year on £9bn worth of imported goods.

The website states that the DCTS aims to support sustainable growth in developing countries through a more generous unilateral offer and it sets out the following provisions:

  • reduce tariffs
  • liberalise rules of origin requirements
  • simplify the conditions attached to the scheme

Of the 65 countries, 37 are from Africa and 26 are from Asia and Oceania. The government are keen to point out that UK businesses and consumers will benefit from the scheme through lower import costs on a whole range of products.

There is more information HERE.


Follow Us

Freight Management Software

One Product with an integrated suite of solutions


Customs Declaration Software

Standalone or Integrated solutions.


Increased Accuracy

Through streamlined workflows and an easy to use interface that ensures smooth data input.

Complete Visibility

Our built in business intelligence module provides you with complete supply chain visibility.

Grow More Quickly

With decision making at your fingertips and totally scaleable solutions for your long term future.

Related Posts

Red Sea Crisis Reaches Desperately Low Point

Red Sea Crisis Reaches Desperately Low Point

The Red Sea crisis reached a desperately low point this week, as a devastating Houthi missile strike on a cargo ship has led to the first merchant crew fatalities since the targeting of commercial shipping in the region began.