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EU regulations to impact its businesses: Goyal
The Free Press Journal - Bhopal
|October 25, 2025
A host of regulations, including the Carbon Tax, introduced by the European Union are expected to impact its businesses, Commerce and Industry Minister Piyush Goyal said on Friday.
The EU has announced regulations such as Carbon Border Adjustment Mechanism (CBAM) and EU Deforestation Regulation (EUDR) which have been strongly objected by India.
"Because of all these regulations, I suspect that Europe is going to have an existential problem for their businesses. Their infrastructure is going to get costlier. Automobiles and planes are going to get costlier.
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