THE GCC PETROCHEMICAL INDUSTRY AND THE EU CARBON BORDER ADJUSTMENT MECHANISM (CBAM)

Download paper “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,…

EVALUATING THE INFLUENCE OF THE GCC-CHINA FREE TRADE AGREEMENT ON THE PETROCHEMICAL SECTOR: A DATA-DRIVEN STUDY

Download report This position paper, grounded in demand elasticity, delves into the potential establishment of an FTA between the GCC and China, with a particular focus on its impact on the petrochemical industry. Recognizing the strategic significance of this industry in both regions, the paper advocates for a nuanced understanding of its implications within FTA…