WTO – European Neighbourhood Monitor

Emerging economies to challenge EU climate levy at WTO

India, South Africa, Taiwan and several other emerging economies are looking at challenging the EU’s “Carbon Border Adjustment Mechanism” (CBAM) at the World Trade Organisation (WTO). Indian Commerce Minister Piyush Goyal had previously warned that India will take “retaliatory measures” against what he considers to be unfair customs tariffs. According to estimates, these would hit …

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WTO panel orders EU to change biofuels policy

Indo-Pacific / By ENM

On 5 March, a World Trade Organisation (WTO) panel has ruled that the EU’s policies of employing indirect land use change (ILUC) methodology to ban palm oil biofuels needs to be changed. A so-called Delegated Act was found to be discriminating against palm oil produced in Malaysia. In response, Malaysian Plantation and Commodities Minister Datuk …

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Chief of UN-WTO trade body warns EU deforestation rules risk ‘catastrophic’ impact on global trade

Indo-Pacific / By ENM

In an interview with the Financial Times, Pamela Coke-Hamilton, executive director of the ITC, a joint agency of the UN and World Trade Organization, has lashed out against new EU deforestation rules. She told the newspaper that the ban on goods linked to deforestation from entering the EU in effect favour major corporations able to …

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