The European Union may temporarily suspend its carbon border levies on goods, including fertilisers, should monitoring uncover any “unforeseen” market impact, European Trade Commissioner Maros Sefcovic said.

Mr Sefcovic commented after French Agriculture Minister Annie Genevard indicated in a posting on X earlier on Jan 7 that the European Union was set to suspend its Carbon Border Adjustment Mechanism (CBAM) with respect to fertilisers to help farmers struggling with extra costs.