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Eurasian Economic Union and India launched negotiations on FTA

June 03, 2017
Russian Foreign Trade
The creation of a free trade zone between the Eurasian Economic Union and India will contribute to the economic growth of the participants.

Eurasian Economic Union and India have begun formal negotiations on establishing a free trade zone. According to estimates of experts, the turnover of the Eurasian Economic Union will increase by 20% after the establishment of a free trade zone. The Eurasian Economic Union includes Russia, Kazakhstan, Belarus, Armenia and Kyrgyzstan.

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Russian foreign trade statistics
Source: Federal Customs Service of Russia