EU Leaders to Attend Republic Day 2026 as Chief Guests and Co-Chair India-EU Summit
The President of the European Commission and the President of the European Council will visit India as chief guests for Republic Day 2026 and co-chair the 16th India-EU Summit. This visit aims to strengthen ties amid global geopolitical shifts. Key discussions include resolving the Carbon Border Adjustment Mechanism (CBAM), which imposes 20-35% carbon charges on Indian exports like steel, aluminium, cement, and fertilizers. India considers CBAM a non-tariff barrier critical for Free Trade Agreement (FTA) success. The partnership also covers defence and security cooperation.
Try the question
Which mechanism imposes carbon charges on Indian exports and is viewed by India as a non-tariff barrier?
Answer: (a) Carbon Border Adjustment Mechanism
The correct answer is (a) Carbon Border Adjustment Mechanism.