The lsquo BASIC rsquo countries have expressed concern on lsquo Carbon Border Tax rsquo proposed by ...........

General Knowledge (judicial) International Institutions

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The ‘BASIC’ countries have expressed concern on ‘Carbon Border Tax’, proposed by which global association?

G-20

G-7

European Union

OPEC

Explanation:

The Ministers of the BASIC countries- Brazil, South Africa, India and China have announced that the European Union’s plan to impose taxes on carbon at its border are discriminatory and unfair to developing nations.
The EU had proposed to impose a levy on carbon-intensive products imported into the Union from countries which do not have a price on carbon.