Summary:

The 3rd India-Nordic Summit in Oslo marked a major shift in India’s engagement with Nordic nations through a Green Technology and Innovation Strategic Partnership. Leaders from India, Denmark, Norway, Finland, Iceland and Sweden discussed cooperation in trade, digitalisation, artificial intelligence, climate action, energy security, healthcare, space and defence. The summit coincided with progress in the India-EU Free Trade Agreement and implementation of the India EFTA Trade and Economic Partnership Agreement. The joint statement supported resilient supply chains, WTO-led trade governance and collaboration in AI, 6G, Arctic research and maritime security. EFTA countries also proposed US$ 100 billion investment in India, potentially creating one million direct jobs.

Source: IBEF

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