Describe the salient features of India’s trade with EU.
The salient features of India's trade wth EU are given belo in the following way :
1. Negative or Unfavourable Trade:
India had to import various items like heavy machinery, agricultural implements, mineral oil and metals on a large scale after Independence for economic growth.
But our exports could not keep pace with our imports which left us with negative or unfavourable trade.
2. Diversity in Exports:
Previously, India used to export its traditional commodities only which included tea, ____ ___ _______ ______ ___ _________ __________.
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