India News Online » News Analysis » Indian Economy » 

As global economic downturn continued to cast a shadow on the trade performance, India-EU bilateral trade in goods recorded 18 per cent decline in the first half of the calendar year 2009.

The bilateral trade in goods during January-June 2009 stood at €25.19 billion,about 18 per cent lower than the €30.54-billion in the corresponding period last year, official data available with the European Commission showed. Bilateral trade in goods had nearly doubled between 2004 and 2008. From a ...