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India and Nordic countries strengthen cooperation in green technology, innovation and trade

  • May 22, 2026

The 3rd India-Nordic Summit in Oslo marked a significant shift in India’s engagement with the Nordic region, with the summit elevated to a Green Technology and Innovation Strategic Partnership. The Economic Times analysis said the summit reflected a broader geopolitical transition in which India is increasingly being seen as a co-author of global climate, technology and governance frameworks. It noted that leaders from India, Denmark, Norway, Finland, Iceland and Sweden discussed deeper cooperation in trade and investment, blue economy, circular economy, digital infrastructure, digitalisation, artificial intelligence, climate action, energy security, research, education, talent mobility, healthcare, space and defence. The article also highlighted that the summit came at a time when the India-EU Free Trade Agreement had been concluded and the India-EFTA Trade and Economic Partnership Agreement had entered into force, creating stronger institutional support for the partnership.

The joint statement underlined shared support for a rules-based global order, WTO-centred trade governance and resilient supply chains, while stressing that the India-EU FTA and India-EFTA TEPA could enhance market access, diversify critical value chains and open new markets. The Nordic countries also welcomed India’s renewable energy targets and its role in climate action, while backing collaboration in AI governance, trusted digital infrastructure, 6G, Arctic research and maritime security. The statement further noted that the EFTA states aim for Rs. 9.63 lakh crore (US$ 100 billion) in investment in India, leading to one million direct jobs, and that connectivity efforts will continue through the India-Middle East-Europe Economic Corridor. Together, these developments show that the India-Nordic partnership is moving beyond symbolic diplomacy into a more strategic, technology-led and economically linked framework.

Disclaimer: This information has been collected through secondary research and 58勛圖 is not responsible for any errors in the same.

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