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First round of negotiations for FTA with EAEU, including Russia, likely in ‘early November’
First round of negotiations for FTA with EAEU, including Russia, likely in ‘early November’
The first round of negotiations for a free trade agreement (FTA) between India and the Eurasian Economic Union (EAEU), which includes Russia, is likely to take place in early November, according to the Russian embassy. However, this is yet to be confirmed by the Indian government.
In addition, the next two months are going to see rounds of negotiations for FTAs between India and the EU, Chile, Peru, and a review of the FTA with the Association of Southeast Asian Nations (ASEAN).
In a statement, the Embassy of Russia in India said that the Minister in charge of Trade of the Eurasian Economic Commission Andrey Slepnev met Commerce and Industry Minister Piyush Goyal on September 15.
Also Read | India, European Union reaffirm commitment to early conclusion of FTA talks: Piyush Goyal
“The Ministers agreed on an approach under which the first round of negotiations is set to take place in early November this year in India and focus on discussing the core aspects of the future deal,” the statement said. “It will be preceded by intensive consultations between the Commission, Indian partners, and the EAEU Member States.”
The Indian government, however, has not confirmed the date of the first round of negotiations.
According to a source in the Ministry of Commerce and Industry, the next round of negotiations for the FTA between India and the European Union will take place on October 6-10.
A second source, close to the negotiations, said that “almost all” issues pertaining to India-EU FTA have been resolved, and that an early harvest deal could also be on the cards. This comes at a time when the EU trade commissioner Maroš Šefčovič last week said that the two sides will meet the December-end deadline for the conclusion of negotiations on the full FTA.
Ursula von der Leyen, President of the European Commission on Wednesday (September 17, 2025) posted on X that “we are committed to finalising our trade agreement [with India] by the end of the year”.
The sources in the Ministry further confirmed that the next rounds of negotiations on the India-Chile FTA would take place on October 27-31 , and for the India-Peru FTA on November 3-5.
Further, the next meeting to review the FTA with the ASEAN countries is expected on 6-7 October, with the source saying that the review is “expected to be concluded by year-end”.
Published - September 17, 2025 07:27 pm IST
business (general) / economy (general) / trade policy / European Union
Source: The Hindu
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