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The EAEU and India aim to finalize a free trade deal by 2026, boosting market access and trade.
The Eurasian Economic Union (EAEU) aims to finalize a free trade agreement with India by 2026, following talks between EAEU trade minister Andrey Slepnev and Indian officials in New Delhi.
The first negotiation round is set for November in India, focusing on core deal elements.
The agreement is expected to boost market access for Indian exporters, support business diversification, and benefit small and medium enterprises.
Trade between India and the EAEU rose 7% in 2024 to $69 billion.
Meanwhile, the EU is advancing its own trade talks with India, targeting a deal by year-end, with plans to deepen cooperation in technology, defence, supply chains, green energy, and security.
La EAEU y la India tienen como objetivo finalizar un acuerdo de libre comercio para 2026, impulsando el acceso al mercado y el comercio.