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India-Sweden Ties Deepen Further Under Prime Minister Modi

India-Sweden Ties Deepen Further Under Prime Minister Modi
India-Sweden ties deepened, taken to another level under PM Modi: Swedish envoy · thehansindia.com

India and Sweden have been friendly partners for a long time.

Sweden’s ambassador said their relationship has become stronger in recent years under Prime Minister Narendra Modi.

Modi visited Sweden in May and met Swedish leaders and business representatives.

During the visit, the countries upgraded their relationship to a Strategic Partnership.

They want to double their economic cooperation by 2030.

They plan to work together on technology, clean growth, artificial intelligence and health sciences.

They also want to cooperate more on cybersecurity and defence innovation.

More exchanges between people in the two countries are expected to help build their future relationship.

Key facts

Strategic status
India and Sweden signed a Strategic Partnership Agreement during Modi’s May visit.
Economic target
The countries aim to double economic interaction by 2030.
Business history
Swedish companies have been present in India for more than 100 years.
Key sectors
Technology, innovation, green transition, artificial intelligence, connectivity, telecommunications, mining and life sciences.
Security cooperation
The action plan includes cybersecurity dialogue and stronger defence innovation.
Political engagement
The plan also calls for elevating the existing political dialogue.
People-to-people ties
Exchanges between people in India and Sweden are growing.

Quotes

Petra Menander

Sweden's Ambassador to India

“We have a long history of trade relations. Swedish companies have been present here for more than 100 years. But now we have a very ambitious target of doubling our economic interaction by 2030.”
thehansindia.com
“It includes concrete measures on cybersecurity dialogue, looking at ways to strengthen defence innovation, for instance, and also elevating the political dialogue that we already have.”
thehansindia.com

Sources

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