Posted on 22/07/2021 by DHL Express
New UK scheme to drive trade with developing countries
This week the UK has launched its proposal for the Developing Countries Trading Scheme (DCTS). Through reduced tariffs and streamlining the rules of origin requirements, it will provide greater trading opportunities between the UK and lower-income nations, allowing them to grow their economy from within and reduce poverty. In return, the UK would benefit from lower prices and more choice.
Foreign Secretary, Dominic Raab, said: “Cutting tariffs for poorer countries enables them to trade their way to genuine independence – and I’m proud we lead the world in offering that opportunity.”Read more
The B2B revolution is here
The combined impact of the pandemic and the new wave of tech-savvy millennials in decision-maker roles has changed the B2B e-commerce landscape, and with that comes new and greater expectations.
Click below to download our exclusive guide, where we cover everything from the changing B2B customer, optimising your sales channels to maximise new opportunities and key considerations such as digital infrastructure, personalisation and synchronising your logistics.Find out more
The latest e-commerce news from around the world
A new study has found a changing attitude towards the use of digital wallets, with the number of users expected to nearly double to 4.4 billion by 2025. Meanwhile, Shopify have made improvements to its checkout functionality, allowing merchants to integrate third-party payment methods.
In other news, popular dating app Bumble has plans to expand into offline experiences, starting with its own all-day café, whilst SaaS platform BigCommerce has announced its plans to expand further into Europe.
Finally, results from Amazon Prime Day 2021 have shown that for a second year running, marketplace goods outperformed the e-commerce giant’s own products.Discover more