India and EAEU Sign Terms of Reference for FTA Negotiations

India and the Eurasian Economic Union (EAEU) have signed the Terms of Reference to initiate negotiations for a Free Trade Agreement (FTA) in Moscow. This agreement aims to enhance trade, support MSMEs, and diversify market access, with trade turnover reaching USD 69 billion in 2024. The FTA is expected to unlock trade potential and strengthen economic ties between India and the EAEU.

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