PM Modi attends India-Nordic Summit in Oslo trade and green cooperation target expansion by 2030

Prime Minister Narendra Modi participated ine India and Nordic countries discussed cooperation in green energy, technology, trade, investment, space, global peace and economic ties, including a target to double trade by 2030.

Prime Minister Narendra Modi participated in the third India-Nordic Summit held in Oslo, the capital of Norway, aimed at strengthening strategic, economic and technological cooperation between India and Northern European countries.

The summit featured discussions between India and Nordic countries — Norway, Sweden, Denmark, Finland and Iceland — on issues including climate change, green energy, digital technology, global security and trade and investment.

During the summit, Prime Minister Modi held bilateral meetings with the Prime Ministers of Norway and other Nordic countries. The discussions focused on strengthening cooperation in areas including economic ties, technology partnerships and environmental protection.

The discussions also emphasized cooperation between India and Nordic countries in addressing global challenges, particularly in the areas of climate crisis and energy transition.

Green energy and clean technology were a key focus of the summit. Both sides expressed commitment to expanding cooperation in solar energy, wind energy, green hydrogen and technologies aimed at reducing carbon emissions.

India and Nordic countries also moved to strengthen cooperation in sectors including green shipping and the blue economy.

The space sector was also part of the discussions during the visit. Agreement was reached to enhance cooperation between the Indian Space Research Organisation (ISRO) and Norway’s space agencies.

The possibility of joint projects in areas including Arctic research, satellite technology and Earth Observation Systems was also discussed, with expectations of strengthening scientific research and security monitoring capabilities.

PM Modi attends India-Nordic Summit in Oslo trade and green cooperation target expansion by 2030

In a joint press interaction with the Prime Minister of Norway, Prime Minister Modi stressed global peace and said that global problems should be resolved through dialogue and diplomacy rather than war.

Referring to the conflict in Ukraine and tensions in West Asia, Prime Minister Modi said India would continue to stand for peace and stability. He also underlined the need for reforms in international institutions to make them more effective in addressing present global challenges.

Prime Minister Modi also addressed the issue of terrorism, stating that united global efforts are necessary to eliminate it completely. He said terrorism in any form is a threat to humanity and that countries must work together against it.

During the visit, Prime Minister Modi also participated in the India-Norway Business and Research Summit, attended by representatives of leading Norwegian companies and research institutions.

Discussions at the event focused on investment and cooperation in sectors including energy, health technology, robotics, education, maritime technology and digital innovation. The combined market capitalisation of these companies was estimated at approximately $200 billion.

India and Nordic countries agreed to strengthen economic relations and set a target to double trade by 2030.

Discussions also covered the possibility of nearly $100 billion in investment in India and the creation of more than one million jobs.

Both sides decided to advance their ties as a “Green Strategic Partnership,” with plans for long-term cooperation in areas including environmentally friendly technologies, clean energy and the maritime economy.

Plans were also discussed to strengthen joint efforts in areas including artificial intelligence, cyber security, digital technology and fisheries.

During the visit, Norway’s King conferred the country’s highest civilian honour, the “Grand Cross of the Royal Norwegian Order of Merit,” on Prime Minister Narendra Modi.

The honour was described as a symbol of strengthening bilateral relations between India and Norway and marked another international recognition for Prime Minister Modi.

 

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