India and other developing countries, including China, Indonesia, and South Africa, have questioned unilateral trade policy measures by the European Union (EU), such as the Carbon Border Adjustment Mechanism (CBAM) and the Deforestation Act at the World Trade Organization (WTO).
During the Trade Policy Review of the EU, India said that while bilateral economic and commercial relations have been on the upswing, certain “irritants” are acting as barriers, preventing both sides from achieving the full potential of their economic partnership.
“We note with concern that during the review period, there has been a general upswing in the unilateral trade policy