UK Lowers Import Duties for Uzbekistan
The United Kingdom added Uzbekistan to its Enhanced Framework, which allows the Central Asian country to receive preferential rates of import duty under the U.K.'s Generalized Scheme of Preferences, the Department for International Trade said Oct. 25. Uzbekistan has met…
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the U.K.'s economic vulnerability criteria and it is "effectively implementing the Schedule 2 conventions," DIT said. The new rates will kick off Nov. 1, when Uzbekistan's admission begins; on Jan. 1, 2022, the regulation laying out the terms will then be included in Part 2 of Schedule 1 to the Enhanced Framework.