📋 Tender Overview
On August 20, the Minister of Trade of the Eurasian Economic Commission Andrei Slepnev adopted the heads of negotiation groups for the conclusion of an agreement on free trade between the Eurasian Economic Union and the Republic of India - Deputy Director of the Department of Trade Policy of the EC Mikhail Cherekaev and the additional secretary of the Department of Commerce at the Ministry of Trade of India, Sri Aja Aja Bada.
The heads of the negotiation groups informed the Minister of the EEC on the approval of the technical specifications for negotiations. The parties discussed further steps to launch the negotiation process and other organizational points of the future trade transaction.
With satisfaction, we note a significant increase in the EAEU turnover with India, which has been observed over the past few years. We are counting on the further growth of trade volumes, as well as strengthening industry cooperation, including using the North-Yug economic corridor, said Andrei Slepnev.
According to the International Trade Center (a joint agency of the World Trade Organization and the United Nations), the turnover between the EAEU and India countries in 2024 amounted to 69 billion, increasing by 7% compared to 2023.
