Failure to secure CBAM exemption weakens India-EU FTA, Congress claims
Congress voices concerns over the India-EU free trade agreement. A major worry is the government's inability to exempt Indian aluminium and steel exports from the Carbon Border Adjustment Mechanism. This policy is expected to further reduce exports to the EU. Additionally, strict EU health and safety rules, along with intellectual property rights for pharmaceuticals, remain unresolved issues.
Congress voices concerns over the India-EU free trade agreement. A major worry is the government's inability to exempt Indian aluminium and steel exports from the Carbon Border Adjustment Mechanism. This policy is expected to further reduce exports to the EU. Additionally, strict EU health and safety rules, along with intellectual property rights for pharmaceuticals, remain unresolved issues.
