CBAM - Latest news GMK Center

The situation is almost catastrophic – both we and our European partners will lose from it

Applications will be accepted on March 28

SMEs will have difficulties due to financial and technological constraints

Export losses for the same period may amount to $4.7 billion, of which $3.3 billion refer to iron & steel products

Exports of rolled products and semi-finished products will suffer the most

Potential losses for domestic exports over 5 years could amount to $4.7 billion

The country's authorities seek to protect national industry and stimulate the reduction of CO2 emissions in the world

The country intends to harmonize its mechanism with the WTO

The relevant ministries of the countries agreed on the urgency of revising the mechanism

The EBA is concerned about the difference in timeframes for simplifying and increasing the effectiveness of the mechanism

Thus, it is proposed to free companies from bureaucratic red tape

The introduction of the EU carbon tax could lead to a drop in GDP and job losses