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Exporters work on product identification problems under UK’s replacement scheme for GSP.
Mar 27, 2024

The UK government’s decision to replace the popular Generalised Scheme of Preferences (GSP) programme, which offered import duty concessions to developing nations and LDCs for certain items, with the 'simpler and more generous' Developing Countries Trading Scheme (DCTS) has resulted in some inadvertent confusion for Indian exporters as product description under the new scheme is different from one used by India for exports, sources have said.

    
thehindubusinessline.com

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