India and the EU are working to resolve key non-tariff issues such as the EU’s CBAM and EUDR, and India’s QCOs, during the latest round of FTA talks in New Delhi. With both sides aiming to finalise the deal by year-end, concerns remain over the impact of EU regulations on...
India and the European Union have begun the 10th round of Free Trade Agreement negotiations, aiming to finalize the pact by the end of 2025. Key issues include agricultural trade, tariff reductions on wines and automobiles, and market access for services. Both sides are also addressing challenges such as digital...
India has had limited success in benefiting from the ‘China Plus One strategy,’ while countries like Vietnam, Thailand, Cambodia, and Malaysia have gained more from factors such as lower labor costs, simplified tax laws, reduced tariffs, and active Free Trade Agreements, according to Niti Aayog report. It said that the...
The EU’s upcoming Carbon Border Adjustment Mechanism (CBAM) is set to reshape global trade and climate efforts, aiming to reduce the carbon content of imports and combat climate change. With a carbon tax of $44 per tonne, the CBAM targets high-carbon imports like steel and aluminum, but developing economies, including...
The European Union’s (EU) Carbon Border Adjustment Mechanism (CBAM) is poised to have a substantial impact on India’s exports, particularly in industries such as steel, aluminium, cement, and fertilizers. This policy aims to mitigate carbon leakage while addressing carbon costs faced by EU industries. IBT looks into the aspects that...
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