EMISSIONS: Potential CBAM Talk During Von der Leyen’s India Visit
Feb-26 16:03
India may bring up CBAM discussion during Von der Leyen’s visit to New Delhi on 27-28 February, despite the topic not being in the agenda, according to The Hindu Business Line.
- The visit follows Von der Leyen's announcement of a new strategic agenda with India to be presented this year at the EU-India Summit that may take place in Q4 2025.
- The EU is India's largest trading partner and India’s CBAM burden would be equivalent to 0.05% of India's GDP, as 23% of India’s total iron and steel exports goes to the EU, according to Centre for Science and Environment and Carbon Trust.
- “I think we know that the Indian side has maintained specific concerns on CBAM and on the effect that it may have. We are, of course, committed to addressing those concerns with parties around the world where they might be affected by CBAM,” an EU official said to The Hindu Business Line.
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