Overview
- Negotiators convened in New Delhi on November 26 after India and the bloc signed Terms of Reference on August 20.
- The five-member EAEU includes Russia, Armenia, Belarus, Kazakhstan and Kyrgyzstan.
- India's trade with the bloc is concentrated in Russia, totaling $68.72 billion in 2024–25, driven by $63.84 billion of crude oil imports.
- Officials framed the initiative as a move to broaden export destinations in response to higher U.S. tariffs.
- India is also exploring a pact with SACU, advancing a second phase with Mercosur, and planning virtual early-harvest talks with Israel focused on agriculture technology, innovation, mobility and services.