Pakistan Included in the UK New Trade Scheme
ISLAMABAD: The United Kingdom (UK) has launched a “Developing Countries Trade Scheme” (DCTS). The implementation of which in early 2023 will provide simpler tariff reductions and terms of trade to 65 countries, including Pakistan. The DCTS replaces the UK’s Generalized System of Preferences (GSP). GSP is a preferential trading system that provides tariff eliminations and […]