Russia’s Foreign Minister Sergey Lavrov had talks with External Affairs Minister of India Subrahmanyam Jaishankar in Moscow, Foreign Ministry’s website reported. At a joint news conference, Lavrov noted “positive dynamics of bilateral trade and economic ties. BIlateral trade increased by over 17% to nearly $11 bln last year, and this positive trend has been maintained this year.”
“We noted that deepening economic cooperation with India is among the top priorities of the Eurasian Economic Union. All the necessary procedures have been completed for launching official talks on a free trade agreement between the EAEU and India. An early launch of these talks will mark a major stage of cooperation between the two parties,” he pointed out, stressing also “the need to stimulate our efforts within the Russia-India-Iran format to create the International North-South Transport Corridor.”