The Custodian Newspaper Online
No Result
View All Result
Sunday, January 11, 2026
  • Home
  • News
  • Politics
  • Business
  • Opinion
  • Showbiz
  • Health
  • Sport
  • World
  • eStore
The Custodian Newspaper Online
  • Home
  • News
  • Politics
  • Business
  • Opinion
  • Showbiz
  • Health
  • Sport
  • World
  • eStore
No Result
View All Result
The Custodian Newspaper Online
No Result
View All Result
Home Business

UK To Cut Taxes On Imports From Africa

by John Kekeli
August 17, 2022
in Business, News
0
UK To Cut Taxes On Imports From Africa

Textiles industry will benefit from the lower tariffs

152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

The UK is to cut import taxes on hundreds more products from some of the world’s poorest countries to boost trade links.

The Developing Countries Trading Scheme comes into force in January and builds on a scheme the UK was first part of while a member of the European Union.

Goods such as clothes, shoes and foods not widely produced in the UK will benefit from lower or zero tariffs.

The scheme covers 65 developing countries.

It is on top of the thousands of products which developing nations can already export to the UK without tariffs and will affect around 99% of goods imported from Africa.

The Department for International Trade said the work was part of a wider push by the UK to use trade to “drive prosperity and help eradicate poverty”, as well as reduce dependency on aid.

The scheme includes powers to suspend a country on the grounds of human rights or labour violations, as well as for not meeting their climate change obligations.

International Trade Secretary Anne-Marie Trevelyan said, “As an independent trading nation, we are taking back control of our trade policy and making decisions that back UK businesses, help with the cost of living, and support the economies of developing countries around the world.

“UK businesses can look forward to less red-tape and lower costs, incentivising firms to import goods from developing countries.”

Many goods, from textiles to fruit, in 65 of the world’s poorest nations already benefit from reduced or zero tariffs when sold to the UK, making them more appealing.

The new scheme cuts some of those charges further – for example, on cucumbers which cannot be produced here during the winter.

It also simplifies the rules for which items, such as some textiles, qualify for preferential treatment.

The changes could save importers millions of pounds – although, even if passed on in full, the price savings for consumers may be marginal.

Coming when aid to developing countries has been reduced, the scheme underlines a government policy of using trade instead.

The scheme removes some seasonal tariffs on products like cucumbers, which cannot be grown in the UK in the winter, so they are tariff-free during this period for the majority of countries under the scheme.

It also simplifies trade rules such as rules of origin, which dictate what proportion of a product must be made in its country of origin.

Mohammed Jabbar, managing director of DBL Group, a textile business from Bangladesh, said this was a “game changer” for his company.

“The changes mean we will be able to source our cotton from many more countries than we could before, which will make the business more competitive and our supply chains a lot more resilient,” he said.

Post Views: 556
Tags: AfricaTaxes
  • Latest
  • Trending
Police notorious robbery

Police arrest 7 notorious highway robbery syndicate

January 10, 2026
NPP flagbearer campaigns presidential primary

The NPP’s presidential primary – Why the best must always lead

January 10, 2026
NPP Election Committee

NPP flagbearer race: Election Committee holds consultations with Akufo-Addo

January 10, 2026
WASSCE Mahama NLA–KGL contract

Mahama calls for NLA–KGL contract review

January 10, 2026
Dzosec Arrest Headmaster

DZOSEC: Audit Report Calls for Arrest of Former Headmaster

August 23, 2025
10 Amazing Benefits Of Soaked Groundnut Water 

10 Amazing Benefits Of Soaked Groundnut Water 

November 17, 2023
Newspaper Frontpages – Tuesday, 21st October, 2025

Newspaper Frontpages – Tuesday, 21st October, 2025

October 21, 2025
Torve Kpefufu Land

Agave: Tribunal Upholds Togbe Kpefufu’s Ownership of Torve Land

October 8, 2025

The CustodianGh Online’s vision is to become the most preferred go-to news brand in Ghana.

Contact Us

thecustodiangh@gmail.com

Popular Categories

  • News
  • Business
  • Politics
  • Sport
  • Arts & Showbiz
  • Tech

Archives

© 2025 The CustodianGh Online - All rights reserved.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Opinion
  • Showbiz
  • Health
  • Sport
  • eStore

© 2025 The CustodianGh Online - All rights reserved.