Jaishankar to Visit Russia with Commerce Delegation for Eurasian FTA, Rupee-Rouble Trade Talks

Brief by Shorts91 Newsdesk / 03:22pm on 14 Aug 2025,Thursday India

External Affairs Minister S. Jaishankar is scheduled to visit Moscow on August 21 for the 26th India-Russia Commission meeting. A delegation from the Ministry of Commerce will accompany him to engage in discussions on advancing trade relations. Key topics include initiating negotiations for a Free Trade Agreement (FTA) with the Eurasian Economic Union (EAEU), comprising Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia. Additionally, the delegation will explore mechanisms for settling transactions in Indian Rupees and Russian Roubles, aiming to enhance bilateral trade and reduce dependence on the US dollar. (PC: Money Control)

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