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India-EU FTA: India Gets 1.64 Mn-Tonne Annual Steel Quota, But CBAM Costs Remain

India-EU FTA: India Gets 1.64 Mn-Tonne Annual Steel Quota, But CBAM Costs Remain New Delhi, Sep 15 (KNN) India will be able to export up to 1.64 million metric tonnes of steel annually to the European Union (EU) under the India-EU free trade agreement (FTA), significantly expanding preferential market access, but exporters will continue to face carbon-related costs under the EU’s Carbon Border Adjustment Mechanism (CBAM), according to the pact’s legal text. The agreement provides India wi

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Originally published byKNN India 9h ago · knnindia.co.in
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