Interviews

With the European Union (EU) offering concessions to the United States on contentious climate linked trade measures India is preparing to demand similar treatment in the next round of negotiations on the India EU trade deal scheduled in Brussels next month. At the heart of the talks lies the EU Carbon Border Adjustment Mechanism (CBAM) a carbon tax set to take effect in January 2026. The measure will require importers of carbon-intensive goods, such as steel, cement, and aluminium, to pay a levy reflecting the carbon cost of production. While Brussels argues that CBAM ensures a level playing field for EU industries already subject to strict carbon rules many developing economies see it as discriminatory and protectionist. According to a senior Indian government official, New Delhi wi...