Oslo, May 19 Prime Minister Narendra Modi attended the third India-Nordic Summit in Oslo. The summit focused on sustainability, innovation, clean energy, new technology, and strengthening cooperation for a peaceful and prosperous future. Following this, PM Modi addressed a joint press meet with the leaders of the Nordic countries.
During the meeting, Prime Minister Modi said that a shared commitment to democracy, the rule of law, and multilateralism makes India and Norway natural partners. The two countries also exchanged views on issues related to West Asia and global tensions.
PM Modi said, “I am delighted to be attending the India-Nordic Summit today. I thank the President for convening this summit. I welcome all Nordic leaders to this summit. Our shared commitment to democracy, the rule of law, and multilateralism makes us natural partners. Eight years ago, we established this format to energize and accelerate our relations with the Nordic countries.”
He said, “I am very pleased that we have made significant progress in our relations over the past few years. Our bilateral trade has quadrupled in 10 years. Investment funds from Nordic countries are also becoming important partners in India’s rapid growth. Investment from Nordic countries in India has increased by almost 200 percent in the last decade. India’s growth story has contributed to rapidly growing trade and investment, and has also played a very positive role in the economies of the Nordic countries, creating thousands of new jobs. Building on this strong foundation, we have recently taken some important initiatives to take our relations to the next level.”
PM Modi said, “We have implemented a trade and economic partnership with Norway, Iceland, and other EFTA countries, effective October 2025. Just a few months ago, we signed the India-EU FTA, in which Denmark, Finland, and Sweden are also partners. With these trade agreements, we are ushering in a new golden era in India-Nordic relations. We have decided to transform the India-Norway relationship into a Green Technology and Innovation Strategic Partnership.”
The Prime Minister said that through this Green Technology Partnership, we will combine Iceland’s zero thermal inefficiencies, Norway’s blue economy, and sustainability expertise in the Arctic and maritime sectors of all Nordic countries with India’s scale to ensure a better future for the entire world. By forming this unique strategic partnership, we will combine Sweden’s advanced manufacturing and defense, Finland’s telecom and digital technologies, Denmark’s cybersecurity and high-tech with India’s talent to develop reliable solutions for the entire world. Our extensive research and innovation are also an important pillar of the India-Nordic partnership. To strengthen this, we will work together to enhance linkages between universities, startups, and the lab ecosystem. We will deepen our cooperation in Arctic and polar research. We will ensure new opportunities for skill development and mobility between India and the Nordic countries.
He said, “We also shared our views on global issues. In times of global tension and conflict, India and the Nordic countries will continue to work together to promote a rules-based global order. Whether in Ukraine or West Asia, we will continue to support efforts for an early end to conflict and peace. We agree that reform of multilateral institutions is necessary and urgent.”
