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Trade agreement with EAEU to skip services sector
Business Standard
|December 22, 2025
The proposed trade agreement between India and Eurasian Economic Union (EAEU) will exclude chapters on services and investment, with the deal primarily focusing on tariff reduction in goods as well as some other areas, according to a person aware of the matter.
This is because EAEU does not negotiate services under its free trade agreements (FTAs). Diverse domestic regulations among member nations of the bloc limits their ability to market access in services, a person aware of the matter told Business Standard. India, however, has an option to have pacts on services with member nations on a bilateral basis.
Similarly, in the case of areas such as investment, India generally negotiates a separate investment agreement, instead of making it a part of an FTA.
This story is from the December 22, 2025 edition of Business Standard.
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