Expanding trade footprint: India eyes Russia-EAEU trade boost; targets pharma, machinery, marine goods ahead of Putin visit
India is actively pursuing a trade pact with the Russia-led Eurasian Economic Union to boost exports of pharmaceuticals, engineering goods, and agricultural products. New Delhi aims to address significant trade barriers with Russia, its largest EAEU partner, while focusing on goods beyond gold and precious metals. Negotiations are underway to expand trade opportunities, particularly for Indian small and medium enterprises.
India is actively pursuing a trade pact with the Russia-led Eurasian Economic Union to boost exports of pharmaceuticals, engineering goods, and agricultural products. New Delhi aims to address significant trade barriers with Russia, its largest EAEU partner, while focusing on goods beyond gold and precious metals. Negotiations are underway to expand trade opportunities, particularly for Indian small and medium enterprises.
