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BRICS Rejects EU Carbon Border Tax as Discriminatory

BRICS Nations Reject EU’s Carbon Border Tax Why in the News? BRICS nations have strongly condemned the European Union’s Carbon Border Adjustment Mechanism (CBAM), calling it unilateral, discriminatory, and unfair. This marks their toughest stance yet against climate-linked trade measures that affect developing economies’ competitiveness and development goals. BRICS Statement on Climate Measures: BRICS nations, …

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