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Egypt, EU Discuss Applying CBAM To Advance Green Transition

This requires developing a clear road map for Egypt’s plan for executing this mechanism in line with the national priorities and social considerations
15.02.24 | Source: Egypt Independent

Environment Minister Yasmine Fouad said Egypt is keen to enhance cooperation with the European Union (EU) on applying the Carbon Border Adjustment Mechanism (CBAM) to advance its green transition.


This requires developing a clear road map for Egypt’s plan for executing this mechanism in line with the national priorities and social considerations, the minister added.


Fouad’s comments came during her meeting on Tuesday13/2/2024 with Director General for Taxation and Customs Union of the European Commission Gerassimos Thomas and his accompanying delegation, as they discussed opportunities for joint cooperation in realizing the CBAM.

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