BRICS opposed punitive climate measures and Indian steel exports faced CBAM requirements during the recent BRICS meeting.

The entities involved

• BRICS →

  association of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran, and the United Arab Emirates

  • BRICS India Ministerial Meeting explored deepening trade and investment cooperation between member nations, including Egypt.Sun 16:43
  • Russia remains a major defense supplier to India, with discussions underway regarding the BrahMos missile upgrade during the BRICS summit.Sun 15:10
• CBAM →

  CBAM Partners is an SEC registered investment adviser and privately owned alternative asset manager founded in 2016

  • EU seeks green energy partnerships, with German companies viewing India as a key manufacturing base.Sat 08:27
  • The EU's Carbon Border Adjustment Mechanism (CBAM) is actively reshaping international trade conditions by requiring businesses to account for embedded emissions in their exports.Fri 12:06

Related events

• The EU failed to answer climate needs, despite the ongoing implementation of the Carbon Border Adjustment Mechanism (CBAM) framework.Fri 02:53
• Piyush Goyal challenged Europe over climate finance and warned that the CBAM policy could negatively impact manufacturers.Fri 06:02
• BRICS includes India as a founding member and India is hosting the BRICS Energy Ministers' Meeting.Jun 22
• BRICS summit, hosted by India, addresses global issues, including Western pressure and strategic autonomy.Sep 18
• The 18th BRICS Summit is currently taking place in New Delhi, where members are calling for significant reforms in the WTO and the IMF.Sep 12