BRICS Nations Condemn EU Carbon Border Tax as Discriminatory

Kathmandu— Representatives from Brazil, Russia, India, China, and South Africa – along with Egypt, Ethiopia, Iran, Saudi Arabia, the UAE, and Indonesia – collectively voiced opposition to the European Union's Carbon Border Adjustment Mechanism (CBAM) during a meeting in New Delhi on Monday. The BRICS nations characterized the CBAM as “unilateral, punitive, discriminatory, and protectionist,” […]