To ask the Secretary of State for Business and Trade, whether his Department has made an assessment of the potential long-term tariff revenue impact of the Developing Countries Trading Scheme.
The Department has not undertaken a quantitative assessment of the future long-term tariff revenue impact of the DCTS. Before launching the DCTS, the Department estimated based on historical trade patterns, annual tariff savings of up to £770 million to U...
Developing Countries Trading Scheme