Carbon tax remains intact in India-EU FTA; technical talks to address concerns: German official
New Delhi (PTI): The European Union's Carbon Border Adjustment Mechanism (CBAM) will not see any exceptions despite the concluded India-EU Free Trade Agreement (FTA), but both sides have committed to technical discussions to find the best way forward, a senior German environment ministry official said here.
Jochen Flasbarth, State Secretary in the German Federal Ministry for the Environment, Nature Conservation, Nuclear Safety and Consumer Protection, emphasised that the CBAM is not targeted against any specific country but serves as a necessary protective measure once carbon pricing is introduced domestically in the EU.
"CBAM is not against anyone. Once you introduce carbon pricing, you need to have some kind of protection," Flasbarth told PTI Videos on Wednesday during his ongoing visit to India, where he held discussions with officials from the Ministries of New and Renewable Energy, Power, and Environment, Forest and Climate Change.
"With the carbon pricing, we need to do something, and that is something we want to discuss. It is written in the free trade agreement that there will be technical discussions on how to do it in the best possible way. And of course, it's very clear we will not make exceptions for any other countries in the world. We would not follow the pressure of the US, for example, or others, so India can be sure there will be no exceptions," the secretary emphasised.
The EU's CBAM, which entered its definitive financial phase in January 2026, imposes charges on embedded carbon emissions in imports of key sectors such as iron and steel, aluminium, and cement, among others. This has raised concerns in India, particularly for carbon-intensive exports like steel, which could face additional costs, potentially offsetting some tariff benefits from the FTA.
Flasbarth described the FTA as enormously important amid rising global trade barriers and a difficult geopolitical situation. He noted that while environment and climate issues are not the core of the agreement text, they remain central given the EU's commitment to climate neutrality.
"The Free Trade Agreement that was agreed...will have to be ratified soon. We also agreed to collaborate more in the field of carbon pricing and emission trading systems," Flasbarth said.
Flasbarth also stated that India and Germany will ratify a pact on critical minerals during the upcoming inter-governmental commission meeting.
"Critical minerals are extremely important for both countries. At the moment, both countries are dependent on one source, basically from China. And of course, it's in the interest of the two countries to get less dependent on one source," he said.
Sources indicate that the IGC between the two countries is likely to be held in June 2026.
VIDEO | Delhi: Jochen Flasbarth, State Secretary, Germany's Federal Ministry of the Environment, Climate Action, Nature Conservation and Nuclear Safety, says, "Critical minerals are extremely important for both countries... Both countries are dependent on just one source, which… pic.twitter.com/D4NcnnhUFv
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Rajasthan man in search of his SUV assaulted, robbed in Bengaluru; one held
Bengaluru (PTI): A 32-year-old man from Rajasthan who travelled to Bengaluru to retrieve his missing SUV was allegedly assaulted and robbed, police said on Thursday.
The victim, Chandra Prakash, a resident of Jodhpur, had lent his SUV to his friend Mahendra Gujjar over a year ago on the assurance that it would be returned within a few weeks, they said.
When the vehicle was not returned, he lodged a complaint with the local police in Jodhpur last year, but no progress was made.
According to police, Prakash then allegedly used a mobile application to track his vehicle’s location and found that it was being driven in Bengaluru. On February 23, he reached the city with a spare key, located the SUV parked by the roadside in east Bengaluru and drove it away after unlocking it.
Around 11.10 pm, as he neared Bommanahalli Circle, three men on a two-wheeler intercepted him. When he questioned them, an argument ensued and the trio allegedly assaulted him with an iron rod and a helmet, a senior police officer said.
The accused allegedly robbed him of two mobile phones and fled with the SUV. Prakash sustained injuries and was shifted to a hospital for treatment, he said.
Based on his complaint, Mangilal Choudary (40), a businessman from Rajasthan, was arrested in connection with the incident, police said, adding that efforts are being made to nab the other two suspects.
During interrogation, Choudary told police he had extended a friendly loan to an acquaintance who defaulted and that the SUV was given as security, police said.
Gujjar had allegedly borrowed money from acquaintances and passed the vehicle to a friend of Choudary, who later returned it to him. The SUV and the two mobile phones have been recovered, they added.
