In addition to multi-currency support, the platform offers transparency, efficiency, and cost benefits for small businesses involved in global trade, making it more accessible for MSMEs, the release said.
India is engaging with the EU on the Carbon Border Adjustment Mechanism (CBAM) and preparing the domestic industry to comply with the norms. It opposes non-trade issues at the WTO. India insists that measures to combat climate change should not violate WTO rules or restrict international trade.