Indian Trade Minister Piyush Goyal has reassured businesses that the government has plans to address the issue of carbon tax, specifically the Carbon Border Adjustment Mechanism (CBAM). Goyal stated that India will strongly take up the matter with the World Trade Organization (WTO) and engage bilaterally with the European Union. He emphasized the need to strengthen India’s position and preparations but did not disclose specific details. Goyal affirmed the government’s commitment to taking legal measures and retaliatory actions as deemed necessary in response to carbon tax-related challenges.
Indian Government Plans Strong Response on Carbon Tax, Trade Minister Piyush Goyal Assures Businesses
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