SA seeks adjustments to implementation of EU carbon tax
Representative to the WTO Mzukisi Qobo says more time is needed for developing countries
16 September 2024 - 05:00
SA is seeking adjustments to the implementation of the EU’s “protectionist” carbon boarder tax, saying the legislation is incompatible with the World Trade Organisation’s (WTO) trade rules.
Developing countries such as SA require flexibility in the implementation of the EU’s carbon border adjustment mechanism (CBAM) to overcome the constraints on their industrialisation, said SA ambassador and permanent representative to the WTO Mzukisi Qobo. ..
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