India raises concerns over EU’s carbon tax, deforestation regulation in WTO meeting

News Snapshot:

A number of countries, including India, Russia, and Brazil, have flagged concerns over European Union’s (EU) carbon tax and deforestation regulation in a meeting of the World Trade Organisation (WTO) in Geneva, stating that these measures would affect their industries, an official said on Friday. These countries raised the issues in a two-day meeting of the WTO’s Council for Trade in Goods, which concluded on July 7 in Geneva. On EU’s deforestation regulation, India said that the agriculture sector in developing countries is a key driver for employment as well as economic well-being for a large part of the population...