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India: We Must Speed Up Entering Into Eurasian Union

09.10.2015 15:56

In June, the EEU and India began free trade negotiations, signing a framework agreement at the International Economic Forum in St. Petersburg.

"India is very keen to have a free trade agreement as it opens up a new market of Eurasian Economic Union countries," Mohanbhai Kundariya said. "We need to speed it up."

The Eurasian Economic Union, comprising Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia, aims to foster greater economic integration between its member states, including the streamlined flow of goods, services, capital and labor.

"We have already formed a joint working group. But we want the joint study group to work faster to resolve issues to reach faster the free trade agreement," the minister added.