REYKJAVIK: 2nd India-Nordic Summit

REYKJAVIK: Prime Minister Shri Narendra Modi on 4^th May participated in the 2nd India-Nordic Summit along with Prime Minister Mette Frederiksen of Denmark, Prime Minister Katrín Jakobsdóttir of Iceland, Prime Minister Jonas Gahr Støre of Norway, Prime Minister Magdalena Andersson of Sweden and Prime Minister Sanna Marin of Finland.

The Summit provided an opportunity to review the progress of the India-Nordic relations since the 1st India-Nordic Summit, which was held in 2018 in Stockholm. Discussions were held on multilateral cooperation in post-pandemic economic recovery, climate change, sustainable development, innovation, digitalization, and green and clean growth.

Discussions were also held on cooperation in maritime sector with a focus on sustainable ocean management. Prime Minister invited Nordic companies for investing in the Blue Economy sector, especially in India’s Sagarmala project.

India’s partnership with the Nordic region in the Arctic Region was discussed. Prime Minister noted that India’s Arctic Policy provides a good framework for expansion of India-Nordic cooperation in the Arctic region.

Prime Minister invited the sovereign wealth funds of the Nordic countries to invest in India.

Discussions also took place on regional and global developments.