Published: Jun 20, 2023, 05:25 IST | Updated: Jun 20, 2023, 05:25 IST
UK on Monday began implementing a preferential trading scheme with 65 poor and developing countries in a bid to boost the country's trade. UK's international trade minister Nigel Huddleston launched the developing countries trading scheme (DCTS). He said that this scheme will remove or reduce tariffs and simplifies trading rules.