UK: start of the public consultation on the introduction of a UK carbon border adjustment mechanism (CBAM)
Import and Trade Remedies
MARCH 27, 2024
The UK CBAM is expected to enter into force in 2027, without a transitional period Under the proposals, unlike EU CBAM, there will be no reporting-only transitional phase for UK CBAM and so CBAM liabilities will be incurred as soon as the regime becomes operational at the start of 2027.
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