Overview
- The next India–EAEU negotiation round is expected in February in Russia, following a first round held in November in New Delhi.
- Indian and Israeli teams are expected to meet in January to structure their proposed FTA, with Israeli representatives slated to travel to India for talks.
- Terms of reference signed on August 20 establish an 18‑month work plan aimed at expanding opportunities for MSMEs, farmers and fishermen.
- Russia is India’s dominant EAEU partner, with 2024–25 bilateral trade of $68.72 billion driven largely by crude oil imports.
- Trade with other EAEU members remains modest, totaling $315.18 million with Armenia, $106.69 million with Belarus, $349.48 million with Kazakhstan and $56.78 million with Kyrgyzstan in 2024–25.