- CBAM affects medium and small enterprises in India, and the European Parliament opposed international carbon credits for the mechanism.
- Consequences for India's steel and aluminium exports due to the strengthening of the Carbon Border Adjustment Mechanism (CBAM).
- CBAM charges are being applied to carbon embodied in Indian exports.
BRICS opposed punitive climate measures and Indian steel exports faced CBAM requirements during the recent BRICS meeting.
10 reports, 6 independent
Updated Sep 12
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New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
BRICS opposed punitive climate measures and Indian steel exports faced CBAM requirements during the recent BRICS meeting.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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BRICS
association of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran, and the United Arab Emirates
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CBAM
CBAM Partners is an SEC registered investment adviser and privately owned alternative asset manager founded in 2016
Related events
- BRICS slammed Western trade barriers during the session chaired by India.
- BRICS leaders met in New Delhi and held their summit, during which they rejected CBAM as a protectionist hurdle.
- A working group met in India on September 11th to discuss and address various trade issues concerning the BRICS bloc.
- BRICS members are currently engaged in negotiations where India plays a key role, but they are experiencing internal divisions regarding the issues pertaining to West Asia.
- India drives the agenda for BRICS institutional reform.
Coverage
Newest first; wire copies grouped- business-standard.com
- hindustantimes.com
- indiagazette.com
- newindianexpress.com
- euobserver.com
- business-standard.com
- thehindu.com