BRICS Nations Unanimously Oppose EU Carbon Border Tax, Citing Unilateral and Discriminatory Practices
BRICS nations, including India, China, Russia, South Africa, and Brazil, have collectively voiced strong opposition to the European Union’s Carbon Border Adjustment Mechanism (CBAM). This stance was formalized in a joint ministerial statement adopted unanimously at the conclusion of the group’s 12th environment ministers’ meeting. The CBAM, which became operational on January 1, is designed to impose a border tax on carbon-intensive goods, such as iron, steel, aluminum, and cement, entering the 27 EU member states. BRICS members characterize this mechanism as 'unilateral, punitive, discriminatory, and protectionist measures' that are not aligned with international law. India has consistently opposed the CBAM since its inception, arguing that it places an undue burden on businesses in developing economies due to embedded emissions in their products. The joint statement emphasizes concern that such measures undermine global efforts, particularly those of developing countries, to address the adverse impacts o... 
