UK recognises India's CCTS; carbon price to be accepted under CBAM regime: Comm Secy
The United Kingdom has recognized India's Carbon Credit Trading Scheme. This recognition allows carbon price relief under Britain's CBAM regime. Indian exporters will benefit from reduced double taxation on their goods. The Commerce Ministry is addressing freight cost increases for exporters. Efforts are underway to ensure ship and container access for cargo.
We haven't written up this one. The Economic Times - Economy has the full story — the link below goes straight to it.
