Eurasian Economic Union


  • Recently, India and Eurasian Economic Union (EAEU) bloc officials held talks to formally start the negotiation for the Free Trade Agreement (FTA).

About (EAEU):

  • It is an Economic Union, established in 2015, that integrates several post-Soviet states.
  • It includes Armenia, Belarus, Kazakhstan, Kyrgyzstan, and the Russian Federation (Russia).


  • It aims to ease cross-border trade and labor migration and eliminate non-tariff trade barriers among member states.
  • It has a Common External Tariff (CET) and a common customs code.
  • It boasts a combined GDP of more than $1.5 trillion and represents a market of 180 million consumers.