NEW DELHI India is not going through a slowdown, Jean-Claude Juncker , president of the European Commission said on Friday, rather its performance is 'major' as compared with EU."What you're calling a slowdown would be a major performance in Europe. Nobody outside india is calling this a slowdown," he said.His statement assumes significance in the wake India's GDP for the first quarter nosediving to three-year low of 5.7% following which international agencies including the Asian Development Bank, the World Bank and the country's central bank Reserve Bank of India have lowered India’s growth forecast.Juncker said that though a free trade agreement (FTA) with India, called Broad Based Trade and Investment Agreement (BTIA) is the best way forward, talks on the proposed pact can resume only when the circumstances are right."I don't want to raise expectations we can't meet. Once the circumstances are right, we will resume with good faith," he said.The talks have been stuck for four years on slashing of import duty on European cars and alcohol besides recognising India as a 'data-secure’ nation to enable free flow of data between India and EU.On data protection, he emphasised on India's standards conforming with those of the EU."If India's standards of data protection converge with those of EU and for EU to recognise the conformity...conformity means various norms and systems," he said.Calling data the 'black gold of 21st century', the president said that exchange of data is involved in when Indian companies provide IT services to the ones in EU and this needs to be protected.He reasoned that because data protection is about privacy, the rights citizens enjoy offline should also be protected online and hence, India- EU should work together on data protection.