questionText: 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.
answerText: 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...
heading: Developing Countries Trading Scheme