Posts From Atharva Deshmukh
Insights
India: Impact of COVID-19 on adoption of BS-VI norms
On the 1st of April 2020, India adopted the BS-VI emission norms. The move places India in a select group of economies with Euro VI-compliant fuels. However, the move to low sulphur transport fuel is fraught with downside risk given the impact of COVID 19 on the Indian economy. The capital-intensive move by refineries and automobile manufacturers has now moved into a stage where the revival of demand and coordinated price adjustment is essential for cost recovery.
Asia Pacific
Europe
EU – Vietnam Free Trade Agreement: Vietnam’s Competitive Gains
Given the recent slowdown in trade growth in major economies, Vietnam remains an outlier. The country’s import-export turnover crossed USD 500 billion in 2019.