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The Economic Times
The Economic Times
Business

India gains wider EU steel access, but carbon levy remains

European Union India

India will be able ​to export up to 1.64 ​million metric tons of steel a year to the ​European Union under a free trade agreement, but exporters will still face carbon-related costs, according to the legal text of the pact.

The agreement provides India with an additional ‌preferential quota of ⁠694,853 ⁠tons of steel, on top of an existing 946,616-ton WTO quota.

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