Modi meets Norwegian PM to raise ties to Green Strategic Partnership
Prime Minister Narendra Modi met Norwegian PM Jonas Gahr Støre to upgrade bilateral ties to a "Green Strategic Partnership," aiming for $100 billion in investment and 10 million jobs in India. Discussions covered geopolitical conflicts in Ukraine and West Asia, with Norway emphasizing rules-based order and dialogue, while India seeks alternative oil/gas supplies. The partnership leverages Norway's technology and capital with India's large market, focusing on green energy, food security, and new frontiers from Arctic to outer space. They also signed a Trade and Economic Partnership Agreement and initiated trilateral development cooperation for Global South countries, alongside MoUs in health, space, and digital public infrastructure.
Key Points
- India and Norway are upgrading their bilateral relationship to a "Green Strategic Partnership" with a target of $100 billion in investment and 10 million jobs.
- Discussions included geopolitical issues like Ukraine and West Asia, with both leaders emphasizing a rules-based international order and democratic values.
- The partnership aims to combine Norway's advanced technology and capital with India's market for green energy, food security, and new frontiers.
- Cooperation areas span from Arctic to outer space, including green shipping, and India is seeking alternative oil and gas supplies from Norway.
- They have signed a Trade and Economic Partnership Agreement and initiated trilateral development cooperation for Global South countries, along with MoUs in health, space, and digital public infrastructure.
Exam Facts
- Prime Minister Narendra Modi met Norwegian PM Jonas Gahr Støre.
- The partnership is termed "Green Strategic Partnership" with a target of $100 billion in investment.
- The Trade and Economic Partnership Agreement was signed last year.
- Triangular Development Cooperation for Global South countries was initiated.
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