India-Nordic summit: Why is Modi wooing Northern Europe?
Summary
India and the five Nordic countries—Norway, Sweden, Finland, Iceland, and Denmark—are holding their third high-level summit in Oslo to strengthen strategic and trade ties. The leaders will discuss trade, climate change, energy security, and global geopolitical issues such as Russia’s war on Ukraine and conflicts impacting the Middle East.Key Facts
- The India-Nordic summit in Oslo brings together Prime Minister Narendra Modi and leaders from Norway, Sweden, Finland, Iceland, and Denmark.
- This is the third summit; previous ones were in Stockholm (2018) and Copenhagen (2022).
- Trade topics include technology, green energy, industrial machinery, pharmaceuticals, and textiles.
- India’s trade with the Nordic countries was $19 billion in 2024.
- The summit discusses new areas like space, defence, the Arctic, and sustainable blue economy sectors.
- Nordic countries are leaders in digital innovation, clean energy, and climate solutions that match India’s development goals.
- Modi’s visit marks the first by an Indian prime minister to Norway in 43 years.
- The summit aims to boost trade and investment and support supply chains after recent trade agreements between India, the EU, and Nordic-linked countries.
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