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Wednesday, 15 February 2012

The BRICs oppose EU’s unilateral action

Though we recently reported that one of the aims of the EU is to work more closely with the so-called BRICs (India, Brazil, Russia, China and South Africa), the relationship appears to be cooler than desired. The BRICs have recently expressed their concern and opposed the inclusion of international aviation in the European Union Emission Trading Scheme, as it violates international law including the principles and provision of United Nations Framework Convention on Climate Change (UNFCCC) and runs counter to multilateralism. The 5 countries have released a joint statement issued at the conclusion of the 10th Ministerial Meeting on Climate Change that was attended by senior Ministers.
According to the statement issued: “Ministers noted that the unilateral action by EU in the name of climate change was taken despite strong international opposition and would seriously jeopardise the international efforts to combat climate change. The Ministers recognised the threat of similar unilateral measures being considered by developed countries in the name of climate change in the area of international shipping and expressed their concern.”

Source: Business line

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