Brics opposes unilateral trade steps like EU carbon border tax

🌐 The Times of India (India) —
Brics opposes unilateral trade steps like EU carbon border tax

AI Summary

BRICS countries have jointly opposed the EU's unilateral carbon border tax, arguing it is unfair and emphasizing the need for energy security and a pragmatic approach to climate change. They stressed the importance of fossil fuels in the energy mix and advocated for multilateralism in addressing global climate challenges.

In a united front, BRICS countries protested against the EU's carbon border adjustment mechanism, deeming it unfair. They underscored the importance of energy security alongside a pragmatic approach toward climate goals, making it clear that fossil fuels remain integral to the energy mix. The alliance urged for actions driven by equity and collective responsibilities, indicating their trust in multilateral efforts to confront global climate challenges.

World Politics Commodities Energy BRICS EU carbon border tax trade sanctions energy security climate goals fossil fuels multilateralism

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