CBAM

The country already depends on foreign supplies of these products

The industry advocates the adoption of relevant legislation in 2024

The DEHSt Emissions Trading Authority will be the contact authority for import reports

In this way, the government plans to protect the local industry from cheap imports from countries with less strict climate policies

The region currently relies on fossil fuels to support industrialization

Market participants do not receive the necessary explanations regarding the mechanism

Green steel can become competitive with carbon-containing analogues within ten years

The country seeks to provide a mechanism for resolving these issues in a free trade agreement

One of the caveats is the large volume of data required by the European reporting system

In this way, the country will protect local producers from unfair competition from regions with lower carbon costs

In this way, the countries of the region can balance trade in the future

At the same time, the country's producers consider it necessary to study the barriers to cheap imports