A new era is dawning in the relationship between the world’s largest and oldest democracies. The recent bilateral agreements cement the emerging multi-dimensional partnership of the two nations, and will be the springboard for a new trajectory of bilateral economic engagement.
Here is a quick reality check: India’s exports to USA doubled between 2000 and 2007-08 to $20.7 billion. Imports from USA rocketed up from $3.7 billion in 2000 to $21 billion in 2007-08. Total trade nearly tripled from $14.3 billion in 2000 to $41.7 billion in 2007-08.
Added by ramvdutt on August 5, 2009