India raised objections to the EU's carbon tax, claiming it undermines fair global trade principles. Commerce Secretary Sunil Barthwal stressed that the Global South faces challenges in balancing sustainable development and responding to measures like the EU's carbon border adjustment mechanism (CBAM), effective from 2026. Barthwal advocated for increased cooperation on food security, and better market access for MSMEs. Additionally, he emphasized reducing remittance costs to bolster developing nations' economic growth, highlighting the importance of special and differential treatment in maintaining policy space for these nations. Read The Rest at :
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