CCC urges exporters to gear up for UK trade reforms

The Ceylon Chamber of Commerce (CCC) has urged Sri Lanka’s export community to begin preparations to take full advantage of the UK’s revamped Developing Countries Trading Scheme (DCTS), set to take effect in early 2026.

Welcoming the upcoming reforms, the CCC highlighted the UK’s decision to liberalise rules of origin under the DCTS — a move that will enable Sri Lankan exporters, particularly in the apparel sector, to maintain tariff-free access to the UK market even if 100% of raw materials are sourced internationally.

The reforms also include expanded regional cumulation provisions, covering 18 Asian nations, aimed at strengthening supply chains and fostering new opportunities for value-added exports.

CCC Chairman Krishan Balendra described the development as a “timely boost” for Sri Lanka’s largest export sector. “The liberalised rules of origin will provide a strong impetus to Sri Lanka’s apparel industry and help strengthen our position as a trusted and competitive partner in global supply chains,” he said.

He also expressed appreciation to the UK government, British High Commission in Sri Lanka, the Sri Lankan government, and the Joint Apparel Association Forum for their roles in driving the initiative forward.

While calling the changes a breakthrough for apparel exports, the CCC emphasised the need for early private sector readiness to fully capitalise on the benefits. It pledged to work closely with the UK High Commission and local authorities to raise awareness and support exporters during the transition.