“This is good for their economies and for UK consumers and businesses,” said Jenny Chapman, UK Minister for Development. “Countries in the Global South want a different relationship with the UK, as a trading partner and investor, not just a donor.”
The United Kingdom has unveiled new trade reforms aimed at boosting exports from developing countries, especially in Africa, through its Trade for Development initiative. Announced this week, the changes under the Developing Countries Trading Scheme (DCTS) will simplify market access for nations like Nigeria.
A key reform includes the relaxation of rules of origin, enabling African exporters to use raw materials from across the continent while still qualifying for duty-free access to the UK.
“This is good for their economies and for UK consumers and businesses,” said Jenny Chapman, UK Minister for Development. “Countries in the Global South want a different relationship with the UK, as a trading partner and investor, not just a donor.”
Over £3.2 billion in African exports benefited from UK trade preferences last year. The UK is also expanding access to its services market and offering technical support.
“Trade, not aid, remains the most reliable path out of poverty,” said Trade Policy Minister Douglas Alexander.