India, Eurasian Economic Union to soon start FTA negotiations

India is set to negotiate a free trade agreement with Russia-led Eurasian Economic Union (EAEU), providing it with access to markets in five resource-rich post-Soviet states. The agreement will benefit Indian exporters in sectors like engineering goods, electronics, and agriculture. The agreement will also benefit India's management of the Chabahar Port in Iran, providing a connectivity corridor to Eurasia.