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2025.08.2101:57:13UTC+00India–EAEU to Begin FTA Talks

India has formally signed the terms of reference with the Eurasian Economic Union (EAEU) in Moscow, initiating negotiations for a Free Trade Agreement (FTA), as reported by The Times of India. This development occurs amidst ongoing trade tensions between the United States and India. The EAEU consists of member nations including Armenia, Belarus, Kazakhstan, the Kyrgyz Republic, and the Russian Federation. In a related matter, U.S. President Donald Trump recently announced a tariff increase on Indian exports, raising the rates from 25% to 50% effective August 27. Previously, on July 24, 2025, India and the United Kingdom formally signed a new FTA after concluding negotiations, with the agreement expected to be ratified and implemented shortly. Additionally, India is currently in discussions to finalize a trade agreement with the European Union.

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