India likely to flag proposed carbon border tax during European Commission president's visit
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India plans to highlight its concerns over the European Union's proposed Carbon Border Adjustment Mechanism (CBAM) during Ursula von der Leyen's visit. The CBAM, set to be implemented next year, will impose a border tax on carbon-intensive goods, potentiallyIndia likely to flag proposed carbon border tax during European Commission president's visit
India plans to highlight its concerns over the European Union's proposed Carbon Border Adjustment Mechanism (CBAM) during Ursula von der Leyen's visit. The CBAM, set to be implemented next year, will impose a border tax on carbon-intensive goods, potentially impacting India's trade, particularly affecting small and medium-sized businesses in sectors like steel and aluminium. Read more