New UK GSP Scheme – Developing Country Trading Scheme (DCTS)

The UK Government introduced its bespoke UK GSP Scheme “Developing Countries Trading Scheme (DCTS)” on 16 August 2022.

  • 65 countries will benefit.
  • Sri Lanka is a beneficiary country under the DCTS Enhanced Preferences Scheme. 
  • DCTS will replace the UK’s current Generalized Scheme of Preferences (GSP) in early 2023.
  • The scheme will apply to countries currently benefiting under the UK’s GSP.
  • DCTS will provide duty-free, quota-free trade to LDCs on everything but arms and duty-free, quota-free trade on 85% of eligible goods to most low income (LIC) and lower-middle income (LMIC) countries.

For more details, please contact:

Commercial Section of Sri Lanka High Commission – London

02072621841 Ext 248 /246 /