"We have a long time ahead of us within which we will be working together to find right solutions to this, "commerce and industry minister Piyush Goyal said at a press conference after the conclusion of the first meeting of India-EU Trade and Technology Council late Tuesday night.
"We will have continued engagement with India on this important topic, "European commissioner for trade Valdis Dombrovskis said.
Both sides held an expert group discussion on the CBAM. The issue also came up in bilateral meetings and Trade and Technology Council meetings in Brussels.
"TTC is a good platform to deepen our engagement on this issue (carbon tax) with India," Dombrovskis said.
"While designing (CBAM) we ensured WTO compatibility. It is non-discriminatory. We will apply the same price of carbon to imported goods that will apply to domestic producers," he added.
This story is from the May 18, 2023 edition of Financial Express Mumbai.
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This story is from the May 18, 2023 edition of Financial Express Mumbai.
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