carbon tax
EU Carbon Tax and Regulations Could Harm European Business Growth, Warns Indian Minister Piyush Goyal
Oct 25, 2025 12:37 am CST
Indian Commerce Minister Piyush Goyal warns that the European Union's 73 regulatory measures, including Carbon Border Adjustment Mechanism and Deforestation Regulation, could significantly impact EU businesses and trade relationships while complicating compliance requirements for international partners. The statements come as India negotiates a free trade agreement with the EU amid concerns that Indian exports worth $1.3 billion annually could face substantial tariffs.
India Calls for Global South Unity Against International Trade Barriers: Piyush Goyal at UNCTAD
Oct 23, 2025 12:42 am CST
Commerce Minister Piyush Goyal urged developing nations to unite against global trade challenges at the UNCTAD conference in Geneva, highlighting concerns over tariff barriers, environmental restrictions, and service sector obstacles. Goyal emphasized that these issues disproportionately affect developing countries pursuing growth and poverty reduction, calling for a reset in addressing these challenges.