UK launches preferential trade scheme

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The United Kingdom is set to launch today in the Philippines its new preferential trading scheme for developing countries, marking the official public showcase of the trade program that will come into effect in the next two weeks. | AldenMonzonINQ /PDI

Meanwhile, the British Chamber of Commerce of the Philippines has reiterated their support towards the launch of the DCTS, citing its benefits to the trade relations between the two countries.

“The launch of DCTS will give the opportunity to increase this further. The chamber, with its close partnerships, will continue to promote to its members and network in the Philippines and UK, “ Nelson said in a message sent to the Inquirer. Aside from the DCTS, both parties had agreed to continue to address market access concerns in a bid to promote a level playing field for businesses.

 

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