India and Russia are speeding up a big trade deal

Business Dec 05, 2025

India and Russia have agreed to fast-track a free trade agreement (FTA) with the Eurasian Economic Union, after talks between PM Modi and President Putin.
The goal? To address the $59 billion trade gap and make it easier for both countries to do business together.

Why should you care?

This FTA could mean more Indian exports—think tech, cars, food, and medicines—heading to Russia and other EAEU countries.
It's also about better investment opportunities, smoother transport routes across Eurasia, and a shot at hitting $100 billion in two-way trade by 2030.
For young professionals or anyone eyeing global markets, this is India making moves to open new doors for growth.