'India-EAEU free trade to be operational by 2020 '
The Dollar Business Bureau Prime Minister Narendra Modi and Russian President Vladimir Putin at a restricted meeting in Kremlin, Russia A free trade zone between India and the Eurasian Economic Union (EAEU) should be up and running by 2020, a senior Russian official said even as Prime Minister Narendra Modi and Russia’s President Vadimir Putin were getting ready to discuss ways to renew trade ties. The Prime Minister, during his recently concluded two-day visit to Russia, emphasised the need to conclude the free trade agreement and stressed that the development will benefit the entire Central Asia region. “We are moving forward on the India-Eurasian Economic Union Free Trade Agreement. This will also benefit us in Central Asia,” Modi said at the ...
India to sign FTA with Eurasian Economic Union
The Dollar Business Bureau India, on Thursday, confirmed that it will sign free trade pact with the Eurasian Economic Union (EAEU) at the St.Petersburg International Economic Forum (SPIEF-2015). And, an official confirmation in this regard was given by Amit Telang, first secretary of India's embassy in Russia, in his address to a Russian news agency. Apart from India, Vietnam, Iran, Egypt and Israel are also likely to enter into free trade agreements with the EAEU. EAEU is an international organization aimed at promotion of regional economic integration and the member states of the Union, which started operating from January 1, 2015, include Russia, Belarus, Kazakhstan and Armenia. The EAEU intends to strengthen economic integration between its member countries through integration of their ...
