India and the Eurasian Economic Union (EAEU) are discussing a “limited and temporary” trade arrangement covering selected groups of goods as part of negotiations on a proposed free trade agreement, Russia’s Economic Development Minister Maxim Reshetnikov has said, according to a media report.
Describing the negotiations as “complex”, Reshetnikov said on Friday that the Indian side’s requests were “quite ambitious”.
“Things are more complicated with India: the economy is larger, mutual interests are more complex, so to speak. And, frankly, our colleagues’ requests are also quite ambitious,” he said in an interview with the Vesti programme, according to the state-run TASS news agency.
“Therefore, we are currently discussing a limited and temporary free trade zone, that is, for a list of goods defined by product groups,” he added.
Reshetnikov’s remarks came hours after Russian President Vladimir Putin said negotiations on trade liberalisation between India and the EAEU had gained …​India and the Eurasian Economic Union (EAEU) are discussing a “limited and temporary” trade arrangement covering selected groups of goods as part of negotiations on a proposed free trade agreement, Russia’s Economic Development Minister Maxim Reshetnikov has said, according to a media report.
Describing the negotiations as “complex”, Reshetnikov said on Friday that the Indian side’s requests were “quite ambitious”.
“Things are more complicated with India: the economy is larger, mutual interests are more complex, so to speak. And, frankly, our colleagues’ requests are also quite ambitious,” he said in an interview with the Vesti programme, according to the state-run TASS news agency.
“Therefore, we are currently discussing a limited and temporary free trade zone, that is, for a list of goods defined by product groups,” he added.
Reshetnikov’s remarks came hours after Russian President Vladimir Putin said negotiations on trade liberalisation between India and the EAEU had gained … ​Latest News [ SOBAN NEWS: International and National ]
