Explained: Why India And China Oppose EU's Carbon Border Tax

  • 2:52
  • Published On: November 17, 2024
Cinema View
Embed

Despite longstanding geopolitical differences, India and China have come together to oppose a proposed carbon border tax introduced by the European Union (EU) at the COP29 Summit in Baku. The tax aims to impose levies on imported goods like steel, cement, and aluminium, with the goal of ensuring fair competition for EU-produced goods while cutting emissions. However, India, China, and other developing nations argue that the tax infringes on UN climate principles and disproportionately impacts their economies.

Related Videos

Reverse Gear To Overdrive: Deatils Of Ajit Doval's Top China Meet
December 17, 2024 0:38
Georgia's New President Opposes EU, LGBTQ Rights
December 16, 2024 2:24
2024 Will Be The Hottest Year On Record, EU Scientists Say
December 09, 2024 0:38
Indian Businesses Shouldn't Be...: S Jaishankar On Trade With China
December 06, 2024 3:30
Jaishankar's Big Statement On China De-Escalation
December 04, 2024 1:16
"India-China Ties Have Improved Of Late," Says S Jaishankar In Parliament
December 03, 2024 17:42
India, China Defence Ministers To Meet, 1st High-Level Talks Post Disengagement
November 15, 2024 12:32
EU Fines Meta €800 Million For 'Abusive' Ad Practices On Facebook
November 15, 2024 0:45
Gautam Adani Hosts EU, German, Belgian And Danish Ambassadors
November 12, 2024 0:52
Reality Check: Yes, India Is Disappearing Under China!
November 04, 2024 2:48
The Biggest Stories Of November 3, 2024
November 03, 2024 21:25
  • Delhi Elections Date Soon? Election Commission Calls Prep Meet
    December 17, 2024 1:38

    Delhi Elections Date Soon? Election Commission Calls Prep Meet

  • Actor Darshan's Associate Pavithra Gowda Released From Jail In Fan Murder Case
    December 17, 2024 0:38

    Actor Darshan's Associate Pavithra Gowda Released From Jail In Fan Murder Case

  • Congress' "Two-Thirds Majority" Jab At BJP Over 'One Nation, One Poll'
    December 17, 2024 21:27

    Congress' "Two-Thirds Majority" Jab At BJP Over 'One Nation, One Poll'

  • Bitcoin Surges Past $107,000 | Trump, Softbank CEO Announce $100 Billion Investment
    December 17, 2024 3:31

    Bitcoin Surges Past $107,000 | Trump, Softbank CEO Announce $100 Billion Investment

  • Calls For Trudeau's Resignation | Russia's Nuke Forces Chief Igor Kirillov Killed
    December 17, 2024 9:58

    Calls For Trudeau's Resignation | Russia's Nuke Forces Chief Igor Kirillov Killed

  • Cyclone Chido Hits French Indian Ocean Territory Mayotte | Earthquake Hits Vanuatu
    December 17, 2024 1:15

    Cyclone Chido Hits French Indian Ocean Territory Mayotte | Earthquake Hits Vanuatu

  • Noida Staff Kept Elderly Man Waiting, CEO Made Them Stand For 20 Minutes
    December 17, 2024 0:14

    Noida Staff Kept Elderly Man Waiting, CEO Made Them Stand For 20 Minutes

  • One nation One Election | 32 Parties Support ‘One Nation, One Election’ Proposal, 15 Oppose
    December 17, 2024 1:45

    One nation One Election | 32 Parties Support ‘One Nation, One Election’ Proposal, 15 Oppose

  • Priyanka Gandhi Doubles Down With 'Bangladesh' Bag, After 'Palestine' Row
    December 17, 2024 1:10

    Priyanka Gandhi Doubles Down With 'Bangladesh' Bag, After 'Palestine' Row

  • "Congress Changed Preamble To Appease": JP Nadda In Parliament
    December 17, 2024 2:36

    "Congress Changed Preamble To Appease": JP Nadda In Parliament

  • "Not Tampering With State Powers": Law Minister On 'One Nation, One Poll'
    December 17, 2024 4:34

    "Not Tampering With State Powers": Law Minister On 'One Nation, One Poll'

  • One Nation, One Poll Bill Tabled In Lok Sabha
    December 17, 2024 1:23

    One Nation, One Poll Bill Tabled In Lok Sabha

  • Canada News | Trudeau's Minister Freeland Lands A Punch On Him After Being Put On The Mat
    December 17, 2024 4:28

    Canada News | Trudeau's Minister Freeland Lands A Punch On Him After Being Put On The Mat

  • Best Budget Gaming Phones: A Buyer's Guide
    December 17, 2024 4:27

    Best Budget Gaming Phones: A Buyer's Guide

  • 'One Nation, One Election' Bill Likely In Lok Sabha, To Be Sent To Committee
    December 17, 2024 21:43

    'One Nation, One Election' Bill Likely In Lok Sabha, To Be Sent To Committee

  • Delhi Shivers At 5.9 Degrees Celsius, Air Quality 'Severe' For 2nd Day
    December 17, 2024 4:34

    Delhi Shivers At 5.9 Degrees Celsius, Air Quality 'Severe' For 2nd Day

  • Gukesh Gets Rousing Welcome, Ilayaraja Denies Caste Discrimination, Eco Friendly Christmas Decor
    December 17, 2024 5:09

    Gukesh Gets Rousing Welcome, Ilayaraja Denies Caste Discrimination, Eco Friendly Christmas Decor

  • The Scandal That's Plunged UK Royals Into Crisis: Prince Andrew & the Alleged Chinese Spy
    December 17, 2024 1:38

    The Scandal That's Plunged UK Royals Into Crisis: Prince Andrew & the Alleged Chinese Spy

  • Reverse Gear To Overdrive: Deatils Of Ajit Doval's Top China Meet
    December 17, 2024 0:38

    Reverse Gear To Overdrive: Deatils Of Ajit Doval's Top China Meet

  • Assad's First Statement Since Being Ousted On Shocking Escape To Russia
    December 17, 2024 3:01

    Assad's First Statement Since Being Ousted On Shocking Escape To Russia

  • Cold Snap Forces People To Seek Shelter In National Capital
    December 17, 2024 5:38

    Cold Snap Forces People To Seek Shelter In National Capital