EU signals no relief for India on CBAM, deforestation rule

The European Union (EU) has signalled that relaxations for India on account of its (EU’s) carbon-border levy and deforestation regulation are unlikely even as India’s concern over the two is likely to come up for discussion during the upcoming meeting of Prime Minister Narendra Modi with European Commission President Ursula von der Leyen.

- SHREYA NANDI

The European Commission is the executive arm of the EU.

The EU says that “some” of India’s concerns on the carbon-border adjustment mechanism (CBAM) are “illegitimate”, but it is ready to address them, a senior trade-bloc official said.

“We are committed to addressing (India’s) concerns with parties around the world where they might be affected … We’re keen to share our experiences and our operations of the CBAM with the Indian side. There might be some illegitimate concerns that we will certainly be ready to address,” the official cited above said.