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“The GCC Petrochemical Industry and the EU Carbon Border Adjustment Mechanism (CBAM)”, a position paper by GPCA, conveys critical questions and uncertainties surrounding the introduction of the EU CBAM and its potential impact on the GCC petrochemical industry. CBAM, introduced under the EU Green Deal, imposes carbon costs on imported goods, creating compliance, administrative, and cost challenges for GCC exporters. The paper thoroughly explores how CBAM may affect market access, and disrupt established trade patterns, particularly in light of the diverse and integrated nature of GCC production processes. It serves as a valuable resource for legislators and policymakers, providing strategic recommendations for policy consideration, emphasizing collaborative dialogue, mutual recognition frameworks, and alignment with global sustainability standards. Representing the collective voice of the industry, the paper advocates for a balanced approach to CBAM that promotes fair treatment, supports global climate objectives, and safeguards regional competitiveness.