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Incompatibility of the EU Border Carbon Adjustment and WTO Law: What should be the EAEU Response?

Author

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  • Valeria Vadimovna SAFRONOVA

    (Russian Presidential Academy of National Economy and Public Administration, Moscow, Russia)

Abstract

In the article, the correlation of the European Union Carbon Border Adjustment Mechanism with WTO law is analyzed. In particular, the study is based on Articles I, II, III, XI, XX of the GATT: the compliance of Border Carbon Adjustment with the principles of the national regime and the most favoured nation regime, the associated tariff rate, the general abolition of quantitative restrictions, general exceptions under the GATT are considered. The main problems of compatibility of EU Border Carbon Adjustment and WTO law are outlined. The measures that could be taken in the EAEU in order to protect the economies of the participating states from the negative effects caused by cross-border carbon regulation of the EU, as well as measures to develop the EAEU own carbon regulation mechanism aimed at supporting developing economies, are proposed.

Suggested Citation

  • Valeria Vadimovna SAFRONOVA, 2024. "Incompatibility of the EU Border Carbon Adjustment and WTO Law: What should be the EAEU Response?," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 3, pages 113-126, March.
    • Handle: RePEc:alq:rufejo:rfej_2024_03_113-126
    DOI: 10.24412/2072-8042-2024-3-113-126
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    More about this item

    Keywords

    the European Union Carbon Border Adjustment Mechanism; EU; WTO law; GATT; EAEU;
    All these keywords.

    JEL classification:

    • K32 - Law and Economics - - Other Substantive Areas of Law - - - Energy, Environmental, Health, and Safety Law

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