The Department of Commerce, Ministry of Commerce & Industry on Tuesday organised an awareness session on the European Union’s Carbon Border Adjustment Mechanism (EU CBAM) to help Indian exporters understand and prepare for the bloc’s evolving carbon-related trade requirements.
The session, organised in collaboration with the National Accreditation Board for Certification Bodies (NABCB) and the Engineering Export Promotion Council (EEPC) at Vanijya Bhawan, was attended by around 100 exporters and industry stakeholders.
The programme focused on key aspects of the EU CBAM framework, including its applicability, covered products, obligations for exporters, calculation of embedded emissions, data collection and reporting requirements, and accreditation and verification mechanisms.
Technical sessions also included practical case studies covering the iron and steel and aluminium sectors, enabling exporters to better understand how CBAM requirements could apply to their businesses.
The interactive discussions allowed exporters and industry representatives to seek clarifications on compliance and reporting requirements. Participants were also sensitised to the importance of timely preparation as sustainability-related regulations become increasingly relevant to international trade.
Addressing the session, Joint Secretary in the Department of Commerce Amit Verma stressed the need for Indian exporters to remain adequately informed and prepared to meet emerging sustainability requirements in global markets.
Verma said the Department was working to create greater awareness among exporters and facilitate a better understanding of new regulatory requirements. He added that the Department would continue engaging with industry and other stakeholders to address concerns and facilitate practical solutions for Indian exporters.
NABCB CEO N. Venkateswaran highlighted the importance of a credible accreditation and verification ecosystem in building confidence in emissions-related data and supporting compliance with CBAM requirements.
EEPC Chairman Pankaj Chadha underlined the importance of preparedness across the entire export value chain. He pointed to the need for appropriate emissions-related data from suppliers and other stakeholders, along with effective verification mechanisms to facilitate compliance.
The Department said it would continue engaging with exporters, industry associations and relevant institutions to build awareness and capacity around emerging sustainability-related trade regulations.
The session concluded with a question-and-answer interaction, allowing exporters and industry representatives to seek further clarification on various aspects of EU CBAM and its implementation.
