India, EaEU may soon start FTA talks, tweets Minister Jaishankar

28 Dec '23

1 min read

Indian external affairs minister S Jaishankar (L) and foreign minister of Russia Sergey Manturov in Moscow. Pic: @DrSJaishankar/X (formerly Twitter)

Insights

India and the Eurasian Economic Union may soon start talks on a free trade agreement and jointly organise connectivity events across land and maritime corridors, Indian external affairs minister S Jaishankar posted on X after meeting Russian counterpart Sergey Manturov in Moscow.
The FTA may boost India's exports to the region and make trade more balanced.

India and the Russia-led five-member Eurasian Economic Union (EaEU) may soon start talks on a free trade agreement (FTA).

“Finalised the programme of cooperation on Russian Far East. Expect to hold early meeting of EaEU-India FTA negotiators. Will jointly organise connectivity events across land and maritime corridors,” Indian external affairs minister S Jaishankar posted on X (formerly Twitter) following his meeting with Russian counterpart Sergey Manturov in Moscow.

The planned FTA is likely to boost India’s exports to the region and make trade more balanced.

India-Russia relations reflect geopolitical realities, strategic convergence and mutual benefit, Jaishankar said as he held a wide-ranging meeting with Lavrov.

"A wide-ranging and useful meeting with FM Sergey Lavrov of Russia. As strategic partners, (we) discussed the international situation and contemporary issues," Jaishankar said in on X.

The Indian minister also met President Vladimir Putin.

Fibre2Fashion News Desk (DS)

More Textiles News - Russia...