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On 15 March 2023, the Department of Commerce launched the new UK Developing Country Trading Scheme (DCTS) with the UK Department for International Trade (UKDIT) during the UKDIT Team’s visit to Sri Lanka to demonstrate its strong trade relations between the countries.

In 2022, the UK was the second largest single export market of Sri Lanka. Sri Lanka is one of 65 nations that will benefit from the UK's new DCTS which will come into force in 2023. Once implemented, the UK DCTS will offer Sri Lanka duty free access for over 7000 products to the UK market.

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