World Economy

India, EEU Study FTZA

India, EEU Study FTZAIndia, EEU Study FTZA

India and Eurasian Economic Union began to study the feasibility of a free trade zone agreement, Tass reported. The document was signed between the Ministry of State for Commerce and Industry of India and EEC Thursday, June 19 at the St. Petersburg International Economic Forum (SPIEF 2015). According to the EEC trade minister, Andrey Slepnev, the research team will be formed in July and will finish the work “within a fairly short period. We hope that if you carry out research as planned, then the next year we will come to the presidents’ decision on beginning the negotiations on the free trade zone agreement,” Slepnev said. The group will analyze the dynamics of trade, investment and overall “joint trade policy and integration agendas.”