15 hrs ago
Piyush Goyal Seeks Faster India–EAEU Free Trade Agreement Talks
India’s Commerce Minister Piyush Goyal met Andrey Slepnev, a trade official from the Eurasian Economic Union.
They discussed making a planned free trade agreement happen faster.
A free trade agreement can make it easier for countries to buy and sell goods with one another.
The officials also talked about improving market access and increasing trade.
Pharmaceuticals, technology and automobiles were important areas in the discussion.
The Eurasian Economic Union includes Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia.
India is also working on other trade agreements, including one with the European Union.
The government says India’s exports reached a record level in 2025–26.
Piyush Goyal met Eurasian Economic Commission Trade Minister Andrey Slepnev on Friday.
The officials discussed accelerating negotiations for a proposed India–Eurasian Economic Union free trade agreement.
They examined ways to expand market access and increase bilateral trade.
Pharmaceuticals, technology and automobiles were among the key sectors discussed.
The EAEU includes Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia, while India seeks to widen its trade-agreement network.
- Who
- Union Commerce and Industry Minister Piyush Goyal and Eurasian Economic Commission Trade Minister Andrey Slepnev.
- What
- They discussed accelerating negotiations for a proposed India–Eurasian Economic Union free trade agreement and expanding trade.
- Where
- New Delhi.
- When
- Friday; the article does not provide a specific date.
- Why
- To fast-track the trade negotiations, expand market access and deepen India–EAEU economic cooperation.
Key facts
- Agreement
- Proposed India–Eurasian Economic Union free trade agreement
- Trade official
- Andrey Slepnev, Eurasian Economic Commission Trade Minister
- Indian minister
- Piyush Goyal, Union Commerce and Industry Minister
- Key sectors
- Pharmaceuticals, technology and automobiles
- EAEU members
- Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia
- India’s 2025–26 exports
- Combined merchandise and services exports reached $863.1 billion
- Merchandise exports
- India’s merchandise exports reached $441.8 billion in 2025–26
Quotes
Piyush Goyal
India’s Union Commerce and Industry Minister
“Discussed ways to fast-track the India–Eurasian Economic Union (EAEU) FTA negotiations, enhance bilateral trade, and expand market access”
thehansindia.com
Sources
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