India, Oct. 26 -- By Sahil Pandey

Hague [Netherlands], October 26 (ANI): The European Union's Carbon Border Adjustment Mechanism (CBAM) will not be renegotiated, Netherlands' Minister for Foreign Trade and Development Cooperation Sjoerd Sjoerdsma has said, while acknowledging the difficulties businesses in India and other countries face in complying with complex regulations.

Sjoerdsma defended the mechanism as necessary to ensure that countries adhere to the objectives of the Paris Climate Agreement, while highlighting the Netherlands' efforts to help small and medium-sized enterprises understand and comply with the rules.

"I don't think there will be any renegotiation of CBAM because we view it as a necessary measure to ensure that we...