TRADING WITH DEVELOPING COUNTRIES: THE NEW DCTS SCHEME WORKSHOP - JUNE 2023

Date: 07/06/2023

Time: 9:30 - 12:30

Borough: Online

Contact Name: Pauline Puig

Contact Email: exportbritain@gmchamber.co.uk

Contact Telephone: 0161 393 4317

In August 2022, Anne-Marie Trevelyan, Secretary of State for the Department for International Trade, announced the launch of the new Developing Country Trading Scheme to “harness the power of trade to help developing countries grow and prosper”.

This scheme will replace the current Generalised Scheme of Preference and will be the most generous preference schemes in the world, applying to 65 countries and will provide lower or nil rates of duties and will simplify the rules of origin requirements to import those products into the United Kingdom. The scheme aims to support developing countries diversify their exports and grow their economies whilst giving British businesses access to lower prices and more choices.

Whilst no date has been announced so far, the scheme was due to come into effect early 2023. This training aims to help UK businesses understand the new schemes and prepare for upcoming changes.

We will cover:

• Background
• Generalised Scheme of Preferences (GSP)
• Least Developed Countries (LDC)
• Low Income (LIC) and Lower Middle-Income (LMIC) Countries
• Tariffs
• Rules of Origin
• Cumulation
• Goods Graduation
• Sources of Information

This course is designed for beginners or experienced exporters looking to refresh their knowledge.

Please note: There may be photographs taken at our events that will be used for marketing purposes and on our social media channels. If you do not wish to appear in any of our marketing materials or on our social media channels, please inform a member of the Chamber team at the start of the event.