27-July-2025
Economy News
 
Will react if CBAM hurts exports, India tells UK
26-Jul-2025

India has reserved the right to take steps to protect its gains from the Comprehensive Economic and Trade Agreement (CETA) if the carbon tax proposed by the UK undermines its exports, sources said Friday. During the negotiations on CETA the issue of the carbon tax that has been proposed by the UK under the Carbon Border Adjustment Mechanism (CBAM) was discussed but India was told by the UK side that the legislation for it has not been passed so it cannot be included in the pact.

News Source:- https://www.financialexpress.com/policy/economy-will-react-if-cbam-hurts-exports-india-tells-uk-3926970/