Open consultation – HAVE YOUR SAY – Designing the UK trade preferences scheme for developing nations

The Department for International Trade are seeking views on proposed changes to the trade preference scheme which reduces or removes import tariffs for 70 developing countries.

This consultation closes at 11:45pm on 12 September 2021

They want to know what you think about proposed changes to the UK’s trade preference scheme. This is currently known as the UK Generalised Scheme of Preferences (GSP).

In particular, we want to hear your views on:

  • rules of origin requirements for least developed countries (LDCs)
  • reducing tariffs for low income and lower-middle income countries
  • the approach to goods graduation, which suspends reduced rates on some goods
  • the conditions and reporting requirements for low or lower-middle income countries

The new UK preferences scheme (the Developing Countries Trading Scheme) will take effect in 2022.

To voice your views –

Contact 01254 356454 for further information on trade preference and agreements or importing/exporting in general.

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Published On: July 20th, 2021