TNPSC Thervupettagam

India - EAEU Free Trade Agreement

August 24 , 2025 15 hrs 0 min 32 0
  • India and the Eurasian Economic Union (EAEU) signed the Terms of Reference (ToR) to begin Free Trade Agreement (FTA) negotiations.
  • The EAEU includes Russia, Armenia, Belarus, Kazakhstan, and the Kyrgyz Republic with a combined GDP of $6.5 trillion.
  • The trade between India and the EAEU reached $69 billion in 2024, marking a 7% rise from 2023.
  • The FTA aims to boost market access for Indian exporters and benefit micro, small, and medium enterprises (MSMEs).

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