Indo-Nordic Summit: India, Sweden To Strengthen Defence And Security Cooperation

Thursday, 19 Apr, 2018

Prime Minister Stefan Lofven described India as a global powerhouse that and is driving positive changes in keeping with Sustainable Development goals across the world.

On Tuesday, PM Modi will hold a bilateral summit with Lofven following which a number of agreements are expected to be signed. King Carl XVI Gustaf visited India earlier in 1993 and 2005. PM Modi exhorted the business leaders to participate in India's flagship initiatives and the Make in India campaign. "The Nordic approach to innovation systems, characterised by a strong collaboration between public sector, private sector and academia, was discussed, and synergies were identified with India's rich pool of talent and skills". They exchanged their views on several bilateral and regional issues. PM Lofven also hosted a lunch for Prime Minister. He said, " In conclusion to this, we have today agreed on an innovation partnership and Joint Action Plan. The Prime Ministers of all the nations who attended the Summit acknowledged that terrorism and violent extremism were the major challenges for the worldwide community. Additionally, Leader of Moderate Party & Leader of Opposition in Swedish Parliament, Ulf Kristersson, called on Prime Minister. "Many of you left India years ago".

Since then, numerous other Swedish companies such as Atlas Copco, Sandvik, Alfa Laval, Volvo, Astra Zeneca and SAAB have invested in India. Some of the Swedish companies have been present in India for over a century. Encourage the space agencies and other space entities to enhance space cooperation under the Memorandum of Understanding, particularly in Earth observation, planetary exploration and satellite ground station activities, through inter alia an Indo-Swedish Space Seminar and a visit by an Indian delegation to Swedish space establishments. PM Lofven is also expected to attend the community event as well.

One of the other key economic issues Mr Modi will press for is United Kingdom immigration reform to enable more Indian business people and students to travel to the UK.

Throwing light on the talks regarding bilateral relations between India and Sweden, Modi said an extensive discussion was held where various developmental plans were chalked out.

Mrs May has already visited India during her premiership and wants UK firms, post-Brexit, to gain stronger access to the Indian market of around 1.3 billion consumers through a new UK-India trade deal. He also lauded the Indian community for its huge contribution to the Nordic country.

"A key pillar of our bilateral ties is our defence and security cooperation". Nordic solutions in clean technologies, maritime solutions, port modernization, food processing, health and life-sciences and agriculture were mentioned. "India and Sweden will jointly organize the India-Nordic Summit in Stockholm on 17th April". Apart from Modi, his counterparts from Finland, Norway, Denmark and Iceland will also take part in the summit.