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No CBAM exemption for India under deal

Financial Express Kolkata

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July 25, 2025

The Comprehensive Economic and Trade Agreement (CETA) between India and the United Kingdom signed on Thursday did not provide any explicit exemption to India on the proposed carbon tax but both sides still remain engaged in the issue.

- FE BUREAU

The UK proposes to impose tax on carbon emissions at production stage through Carbon Border Adjustment Mechanism from January 1, 2027. Exemption from this tax has been raised by India in every meeting between the two sides on trade but the agreement text is quiet on the issue.

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