| India is planning to raise its voice against the | | | | issues and mixing environmental and trade concerns. |
| developed nations on the matter of levy of carbon | | | | Imposition of carbon tax on Indian exports will |
| tax on Indian exports and approach the World Trade | | | | certainly act as a barrier for Indian SME exporters to |
| Organisation (WTO) dispute settlement forum to deal | | | | carry on trade smoothly with the US and the EU, |
| firmly with this issue. | | | | thereby hindering their prospects of increasing their |
| The US and the European Union (EU) have given | | | | overseas export growth. |
| indications that they could levy carbon tax on | | | | While opposing attempts by the rich nations to mix |
| imports, especially from developing nations such as | | | | trade and climatic matters, the Commerce Ministry of |
| India and China on the pretext of reducing carbon | | | | India is also reviewing the possible impact of the |
| emissions and protecting the environment. However, | | | | proposed carbon tax on India's exports and crucial |
| industry analysts point out that these nations are | | | | export sectors before deciding to move the WTO |
| serving their own interests in the guise of climatic | | | | dispute settlement body against the US and the EU. |