CBAM, EUDR trade protection measures in garb of of climate, environment: Economic Survey
- Posted on January 31, 2025
- By Business News Today
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CBAM, EUDR trade protection measures in garb of of climate, environment: Economic Survey
The EU's CBAM and EUDR could affect $9.5 billion of India's exports by imposing trade protection measures disguised as climate and environmental regulations. The schemes are expected to impact various sectors, with CBAM translating into a 20-35% tax on certain imports by 2026.
