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The ongoing India-European Union Free Trade Agreement (FTA) negotiations have hit a roadblock as both sides continue to deliberate on sensitive sectors such as steel, automobiles, and the EU’s Carbon Border Adjustment Mechanism (CBAM).
Officials from the Ministry of Commerce said that while progress has been made in areas like market access and services trade, discussions on tariff concessions and carbon taxes remain unresolved. India has raised concerns that the CBAM could unfairly penalize Indian exporters, particularly in energy-intensive industries like steel and aluminum.
The EU, on the other hand, has emphasized the importance of climate-aligned trade policies, urging India to adopt stricter emission norms in industrial production.
Negotiators are working to find a balanced framework that supports sustainable manufacturing while protecting India’s export competitiveness.
Industry leaders have called for a phased adaptation period and mutual recognition of green standards to ensure a fair transition under the upcoming trade pact.
Analysts believe the final agreement, once concluded, could redefine India-EU economic ties by integrating trade, climate, and industrial policy goals.
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