Sri Lanka, Aug. 20 -- The Ceylon Chamber of Commerce welcomes the UK Government's liberalisation of rules of origin under its Developing Countries Trading Scheme (DCTS), set to take effect in early 2026. This important step reflects the UK's continued commitment to greater trade openness and flexibility, offering Sri Lankan exporters enhanced access to one of their key markets.
The reforms, which allow Sri Lankan apparel manufacturers to source up to 100% of inputs from any country while retaining tariff-free access to the UK, will provide a timely boost for the apparel industry-Sri Lanka's largest export sector. In addition, the expanded regional cumulation arrangements across 18 Asian countries will further strengthen supply chains and o...