Kolkata, June 22 -- Engineering Exports Promotion Council of India ( EEPC India) has suggested the Centre for a three-year moratorium for Indian MSMEs from the carbon tax proposed by the European Union (EU) under Carbon Border Adjustment Mechanism (CBAM), which would come into force in January 2026.
Talking about the ongoing free trade agreement with the European Union (EU), EEPC India chairman Praksh Chadha underlined the need for a three-year delay for country's MSME sector from the carbon tax proposed by the EU under Carbon Border Adjustment Mechanism (CBAM), which would come into force in January 2026.
EEPC India is the trade and investment promotion organization for the engineering sector sponsored by the Ministry of Commerce & Indus...