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India writes to WTO against Carbon border tax; here's all you need to know

India has written to WTO raising concerns over selective application of carbon border rules to trade-exposed industries like steel, aluminium, chemicals, plastics, polymers, chemicals and fertilisers

Climate change reports in the past left out bigger impacts such as greater damage from wildfires, worsening water scarcity among other things
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BS Web Team New Delhi
India in a submission to the World Trade Organisation (WTO) last week has slammed carbon border measures being imposed by some countries, calling them discriminatory and protectionist, the Economic Times reported.
 
India has written to WTO raising concerns over the selective application of Carbon border rules to "trade-exposed industries" like steel, aluminium, chemicals, plastics, polymers, chemicals and fertilisers, which reflects the underlying competitiveness concerns driving such measures, the report said.
 
According to the WTO rules, it is mandatory that there is non-discriminatory treatment for same products, irrespective of their production methods and such border measures can lead to "behind-the-border" protectionist

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First Published: Feb 16 2023 | 11:01 PM IST

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