India and the Eurasian Economic Union to Begin Trade Talks.

India and the Eurasian Economic Union are preparing for trade negotiations. A Russian official stated that India and the Eurasian Economic Union, supported by Moscow, plan to start trade talks this year. Concurrently, India is also actively negotiating trade agreements with the USA and the European Union, reports Bloomberg.

'Negotiations for a free trade agreement are to begin this year,' emphasized the Russian trade commissioner in India, Andrey Sobolev, during an event in New Delhi.

The Eurasian Economic Union, which includes Russia, Belarus, Kazakhstan, Kyrgyzstan, and Armenia, is working on creating a joint financial market and independent payment infrastructure. India plans to export electronics and aims to reduce dependence on China's influence in the region.

Moscow and New Delhi began discussing a potential trade agreement in July of last year, ahead of Indian Prime Minister Narendra Modi's visit.

This news in the living Ukrainian language tells about the start of trade negotiations between India and the Eurasian Economic Union, highlighting the plans and objectives of both parties. This may contribute to the development of cooperation between the countries and strengthen their position in the global market. The news indicates a search for new trade partners and opportunities for the countries in the region.