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Economy

India and Russia-led Eurasian Economic Union to start FTA talks in coming months

India plans to begin negotiations for a free trade agreement (FTA) with the Russian-led Eurasian Economic Union (EEU), which is expected to significantly increase trade between the regions, two people aware of the matter said, requesting anonymity. "The FTA will improve trade between the Russian bloc and India," this person added.

Agriculture

India permits 64,400 tonnes of onion exports to UAE, Bangladesh

The Indian government has allowed the export of 64,400 tonnes of onions to the UAE and Bangladesh through the National Cooperative Exports Ltd (NCEL), according to notifications from the commerce ministry. While 50,000 tonnes are permitted for Bangladesh, 14,400 tonnes are allowed for the UAE. Although onion exports are generally