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UK’s revamped DCTS boost to Sri Lanka’s apparel industry

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Sri Lanka’s apparel exports are expected to witness renewed momentum following the UK’s announcement of liberalised trade rules under its revamped Developing Countries Trading Scheme (DCTS).
The new rules of origin will permit Sri Lankan manufacturers to source up to 100 per cent of garment inputs from any country while maintaining duty-free access to the UK.Sri Lanka’s apparel exports are expected to witness renewed momentum following the UK’s announcement of liberalised trade rules under its revamped Developing Countries Trading Scheme (DCTS).
The new rules of origin will permit Sri Lankan manufacturers to source up to 100 per cent of garment inputs from any country while maintaining duty-free access to the UK.