These measures are designed to enhance market access for Sri Lankan products, enabling local businesses to compete more effectively in the UK market.

By reducing or eliminating tariffs on a range of goods, the UK aims to strengthen its economic ties with Sri Lanka, supporting its exporters in expanding their reach and driving economic growth, official sources said.

This move aligns with broader efforts to facilitate international trade partnerships and promote economic development in the region.In a bid to boost economic relations with Sri Lanka, the UK has introduced a series of initiatives to strengthen trade ties between the two nations.

A key measure in this strategy is the implementation of the Developing Countries Trading Scheme (DCTS).Responding to a query in the UK House of Commons on October 10, Minister of State for the Department of Business and Trade, Douglas Alexander, revealed that the UK government is using various programmes to expand trade with Sri Lanka.