An EU-style carbon border adjustment mechanism (CBAM) is expected to dent India's metal exports to the UK even if India and the UK agree on significant tariff concessions, experts said.
India and the UK have completed six rounds of negotiations and are expected to sign the agreement shortly. Both the governments have refrained from announcing any deadline to complete negotiations.
The EU carbon tax, also known as CBAM, aims to cut carbon emissions by imposing a levy on imported goods based on their carbon footprint.
Bu hikaye Hindustan Times dergisinin April 05, 2023 sayısından alınmıştır.
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Bu hikaye Hindustan Times dergisinin April 05, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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