Key Highlights
- India-EU FTA is close to finalization.
- Challenges include non-tariff barriers and a carbon border tax.
- Jefferies report identifies CBAM as a key concern for Indian exports.
- Limited scope for relaxations is also a significant issue.
India-EU trade deal faces new challenge from carbon lobby, non-tariff barriers: Jefferies
India and the European Union are nearing the finalization of a long-awaited Free Trade Agreement (FTA), but face significant challenges, particularly from non-tariff barriers like the EU's Carbon Border Adjustment Mechanism (CBAM). A report by Jefferies highlights concerns that these barriers could negatively impact Indian exports.
India–EU FTA may face hurdles
Credit: Firstpost
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Sources
This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.
