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Foreign Policy Watch: India – EU

PM Modi’s Norway Visit: Trade, Energy and Global Conflicts in Focus

Why in the News?

Prime Minister Narendra Modi visited Norway for the first bilateral visit by an Indian Prime Minister in 43 years.

Bilateral Talks

PM Modi held talks with Norwegian Prime Minister Jonas Gahr Støre focusing on:

  • Trade
  • Energy cooperation
  • Technology partnerships
  • Global conflicts

3rd Nordic-India Summit

The visit included the 3rd Nordic-India Summit with leaders of:

  • Norway
  • Sweden
  • Finland
  • Iceland
  • Denmark

Major Agenda Areas

  • Trade and investments
  • Energy security
  • Climate and green transition
  • Digital infrastructure
  • Space cooperation
  • Global conflicts:
    • Russia-Ukraine war
    • Gaza conflict
    • Iran crisis

Energy Cooperation

  • Norway is a major exporter of oil and natural gas.
  • Discussions included LNG supplies to India.
  • Norwegian company Equinor recently supplied LNG to India under a 15-year agreement.

Economic Relations

  • Over 700 Nordic firms operate in India.
  • Around 150 Indian firms operate in Nordic countries.
  • India’s trade with Nordic countries is about $19 billion.
[2024] Consider the following countries: 
1. Finland 
2. Germany 
3. Norway 
4. Russia 
How many of the above countries have a border with the North Sea? 
[A] Only one [B] Only two [C] Only three [D] All four

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