Generalised System of Preferences
Commons · Question 31220 · Tabled 12 Feb 2025 · Department for Business and Trade · Official record
Answered 24 Feb 2025
Question
Asked by Jim Allister
To ask the Secretary of State for Business and Trade, what comparative assessment he has made of the potential impact of the (a) EU Generalised Scheme of Preferences on businesses importing into Northern Ireland and (b) UK Generalised Scheme of Preference
Answer
Answered by Douglas Alexander, 24 Feb 2025
The Developing Countries Trading Scheme (DCTS) replaced the UK Generalised Scheme of Preferences (GSP) in 2023. Like the EU GSP, the DCTS incentivises trade with developing countries, to reduce poverty, and to provide cheaper imports for UK and European b...