India-Russia FTA talks with EAEU reach advanced stage, says Russian Deputy PM Manturov
- Posted on August 27, 2026
- By Business News Today
- 1 Views
- 1 min read
In brief
India and Russia are advancing their free trade agreement negotiations with the Eurasian Economic Union, signaling a strategic partnership to reshape regional commerce. The deal promises India substantial access to energy and mineral resources across Eurasia, while both nations pursue an ambitious $100 billion trade target by 2030. Enhanced connectivity through northern maritime routes and expanded bilateral cooperation underscore their commitment to long-term economic integration and sustainable growth in Asia-Europe trade dynamics.
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India-Russia FTA talks with EAEU reach advanced stage, says Russian Deputy PM Manturov
India and Russia's FTA negotiations are in an advanced stage, aiming for sustainable trade growth. This agreement will grant India access to the Eurasian region's rich energy and mineral deposits. Bilateral trade has significantly increased, with both nations pursuing a $100 billion target by 2030. Connectivity initiatives, including the Northern Sea Route, are also being explored for mutual benefit.
