
UK To Cut Taxes On Imports From Africa
Prashant Trivedi
0 min
News
Description
The UK has launched a scheme to cut tariffs on hundreds of products from some of the world's poorest countries to try to boost trade links.<br />The preferential terms, which come into effect early next year, will affect products ranging from food to textiles.<br />Under the Developing Countries Trading Scheme, 99% of goods imported from Africa will be duty free.<br />Ministers say the scheme helps to fulfil the post-Brexit pledge to take back control of the country's trade policy while also reducing dependence on aid.
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UK To Cut Taxes On Imports From Africa
Prashant Trivedi