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EU To Simplify Carbon Tax For Small Importers To Address India’s Concerns Amid FTA Talks — Profit Exclusive
The relaxation from EU comes as part of the freshly resumed negotiations for a free trade agreement.
01 Mar 2025, 10:38 AM IST 
The EU's CBAM is a carbon tax on imported goods, set to start on January 1, 2026, on seven carbon-intensive sectors, including steel, cement, and fertiliser. (Representative image. Source: Unsplash)
The European Union is planning to simplify its Carbon Border Adjustment Mechanism, or CBAM regulations to address export concerns raised by India. The move aims to reduce the administrative burden for companies while maintaining the policy’s environmental goals.Olof Gill, a spokesperson for the European Commission, told NDTV Profit In an email interview that based on the experience from the first year and a half of CBAM implementatio...
