EU carbon rules to hit Korean exports from 2031

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Source: The Korea Herald
Published: 2026-03-23 15:58 UTC+10:00
Section: All News
Factuality Score: 100
Opinion Category: Neutral
Topics: Immigration, Europe, South Korea, Labour & Workers, World News, Environment & Climate
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Snippet:
South Korean exporters are set to face a sharp rise in carbon-related costs in the European Union starting in 2031, as the bloc phases out free emissions allowances and bolsters its Carbon Border Adjustment Mechanism, according to a new report on Monday
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