EU, India to hold technical dialogue to ease market access under CBAM rules

INDIA and the European Union have agreed to set up a technical dialogue to address market access challenges faced by Indian exporters under the EU’s Carbon Border Adjustment Mechanism (CBAM), even as the carbon tax itself remains outside the scope of the free trade agreement (FTA).

- PUSHPITA DEY @New Delhi

Commerce secretary Rajesh Agrawal said there would be no exemption or relaxation from CBAM for Indian exporters, but both sides had agreed on mechanisms to help industry navigate the regulation.