New UK Trade Scheme Eases Export Rules for Malawian Businesses
The United Kingdom has introduced a new trade scheme that grants Malawi duty-free, quota-free access to 99.8% of its exports to the UK, a move expected to boost Malawi’s export sector. The Developing Countries Trading Scheme (DCTS), launched in 2023, replaces the Generalised Scheme of Preferences (GSP) that previously governed Malawi-UK trade. The DCTS offers...