Sets ambitious goal to double bilateral trade in five years
GOTHENBURG: Prime Minister Narendra Modi on Mondaysaid his visit to Sweden witnessed multiple major outcomes that will add “new momentum to India-Sweden relations.”
Taking to X, the Prime Minister has thanked the people of Sweden and PM Ulf Kristersson for the warmth and friendship.
“My visit to Sweden was marked by several important outcomes that will add new momentum to India-Sweden relations,” Prime Minister Modi wrote on the social media platform.
“From elevating our ties to a Strategic Partnership, launching the Joint Innovation Partnership 2.0 and the India-Sweden Technology and Artificial Intelligence Corridor, to setting an ambitious goal of doubling bilateral trade in the next five years, the discussions were highly productive… I thank the people of Sweden, the Government of Sweden and PM Ulf Kristersson for the warmth and friendship,” he added.
Earlier, Prime Minister Modi said he was honoured to address the European Round Table for Industry (ERT) in Sweden’s Gothenburg.
He highlighted that his speech focused on the growing convergence between India and Europe, the opportunities emerging from the India-European Union Free Trade Agreement (FTA) as well as India’s reform-driven economic growth journey.
“Honoured to have addressed the European Round Table for Industry (ERT) in Gothenburg yesterday. My speech covered the growing India-Europe convergence, the opportunities opened by the India-EU FTA, India’s reform-driven growth journey and the vast scope for collaboration in technology, clean energy, infrastructure, mobility and healthcare,” he wrote.
In another post, he said, “Prime Minister Ulf Kristersson and I met business leaders of Sweden in Gothenburg last evening. Her Royal Highness Crown Princess Victoria also took part in this interaction. We had wide ranging conversations with the business leaders on how economic linkages between India and Sweden can be enhanced, particularly in futuristic technologies, R&D, AI, security and healthcare. I emphasised on the reform trajectory of India and how it offers new opportunities in several sectors like infrastructure, innovation, technology and more.”
Agencies