Will India Escape the UK's Carbon Border Tax? There's Reason for Optimism

Not covered in FTA, carbon tax may spoil India-UK free trade mood; here's why

Britain's proposed Carbon Border Adjustment Mechanism (CBAM) is not included in the FTA with India because London has not yet formally notified the tax.

Will India escape the UK's carbon border tax? There's reason for optimism

Though the India-UK FTA makes no mention of CBAM, it has been agreed in principle that the levy won't apply to India. However, New Delhi may take counter-measures if the UK indeed presses ahead with the carbon tax on India.

Chhattisgarh CM says India-UK FTA to open global markets for farmers, artisans and MSMEs

Chief Minister Vishnu Deo Sai Team News Riveting Raipur, July 26 Chhattisgarh Chief Minister Vishnu Deo Sai hailed the India-UK Free Trade Agreement (FTA) and termed it as a “new chapter in India’s journey of growth”. Sai expressed gratitude to Prime Minister Narendra Modi for his visionary leadership. Speaking on the occasion, the Chief Minister said the agreement will not only expand India’s economic horizon, but more importantly, it will offe…

UK FTA: India Has Right To Retaliate If Carbon Tax Hurts Industry, Say Sources

If the United Kingdom's proposed Carbon Border Adjustment Mechanism adversely impacts Indian trade, the UK agreed on Friday that India will have the freedom to implement counterbalancing measures, as per sources to NDTV Profit. The UK's proposed carbon tax is still at a preparatory stage and could potentially come into effect from January 1, 2027. India has also raised the matter of CBAM during the trade pact negotiations. Since the CBAM is not …