India, EAEU Begin FTA Negotiations Amid Trade Growth

India, EAEU Begin FTA Negotiations Amid Trade Growth

India and the Eurasian Economic Union (EAEU) have signed Terms of Reference to begin negotiations for a Free Trade Agreement. This move aims to boost trade, which reached $69 billion in 2024. The FTA is expected to enhance market access, competitiveness, and benefits for MSMEs, alongside India’s other trade talks.