India, UK engaged in discussions on carbon tax
Synopsis India and the United Kingdom are discussing Britain's carbon tax regulation. The UK plans to implement its Carbon Border Adjustment Mechanism starting in 2027
Synopsis India and the United Kingdom are discussing Britain's carbon tax regulation. The UK plans to implement its Carbon Border Adjustment Mechanism starting in 2027.
This new carbon tax could impact Indian exports worth USD 775 million. Discussions on this carbon tax were part of free trade agreement negotiations. India's
steel exports to the UK have secured market access through the pact.
The BriefWire