Russia-led EAEU team to visit India in September for free trade talks

A high-level EAEU delegation will visit New Delhi next month to begin negotiations on a proposed trade pact, expected to expand India's export markets

A high-level delegation from the Russia-led Eurasian Economic Union (EAEU) will visit New Delhi next month for discussions on the proposed free trade agreement (FTA) just weeks after the final framework for launch of negotiations was announced.

 

Both sides aim to conclude the FTA talks in the next 18 months, with the possibility of an earlier conclusion but that depends on the pace of negotiations, a person aware of the matter told Business Standard.

 

EAEU, comprises Russia, Kazakhstan, Belarus, Armenia, and Kyrgyzstan.

 

Russia is the largest country and the largest trade partner in the bloc – accounting for over 92