On November 10, 2020, the Government of the United Kingdom (UK) published guidance regarding trade with developing nations. From January 1, 2021, eligible developing countries will be able to receive preferential treatment through the UK Generalised Scheme of Preferences (GSP). The UK GSP will initially provide trade preferences to the same countries as the European Union (EU) GSP. A list of these countries is provided in the guidance document.
The guidance document provides further details on the applicable rules of origin, proof of origin, and the treatment of goods for which a Registered Exporter System (REX) statement was issued prior to December 31, 2020, and that arrived in the UK after December31, 2020.
Link to the UK Guidance:
