On 15 August 2022, the United Kingdom launched its new Developing Countries Trading Scheme (DCTS). The scheme?provides duty-free, quota-free trade to?LDCs?on everything but arms and duty-free, quota-free trade on 85% of eligible goods to most?LICs?and?LMICs.
5 November 2021. The European Commission published its proposal for a new Generalised System of Preferences (GSP) from 2024. The regulation needs to be endorsed by the Parliament and the council through the ordinary legislative procedure. More information . Some of the proposed changes may be relevant for LDCs, particularly graduating LDCs, such as proposed changes in the criteria for eligibility of GSP+.
