questionText: 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 Preferences on business importing into Great Britain.
answerText: 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...
heading: Generalised System of Preferences