BUSINESS
India needs to become self-reliant in medical devices
As India’s domestic market for medical devices expands to $50 Billion by 2030, it needs to bring down dependence on imports from the current 64% through appropriate policy intervention
BUSINESS
EU's Deforestation Regulation is meant to cut imports from developing countries
The EU's Deforestation Regulation disguises protectionism as environmental stewardship. The EU's aim to reduce imports and promote its agricultural exports under the guise of sustainability is concerning
BUSINESS
EU’s carbon border tax will disrupt trade and derail climate talks
Exports from developing countries will suffer the most. The EU will initially impose CBT on steel, aluminium, cement, fertiliser, hydrogen, and electricity. But the tax will be extended to cover all products by 2034
