ASEANcham-EU’s Post-Summer 2025 edition Newsletter
Dear Members, Partners, and Friends,
I hope that you’ve had a lovely summer, whether at the Adriatic Sea or the Gulf of Thailand, both of which are home to some of the world’s best beaches, as the cover photo shows.
EU State of the Union 2025: What should ASEAN look out for?
European Commission President Ursula von der Leyen gave her State of the Union address on 10 September
EU Commission wants to extend CBAM scope to downstream products and subsidise EU exporters with CBAM revenues
The EU Commission proposed new controversial updates to its CBAM, by using its carbon tax revenues to subsidies EU exporters, and expand its scope to cover Aluminium and Steel. It also put out a call for evidence for 3rd party country for CBAM calculation and certification.