India and Sweden decide to step up ties

India and Sweden have resolved to scale up bilateral relations and expressed their commitment to a transparent, fair and predictable global trade regime under the World Trade Organisation (WTO). The prime ministers of the two nations have “agreed to scale up bilateral relations and committed to a close bilateral dialogue at all levels”.

Sweden Prime Minister – Stefan Löfven

The two leaders also underlined the need to tap full potential of the EU-India strategic partnership and welcomed the prospect of resumption of talks on the India-EU Broad-based Trade and Investment Agreement. The two prime ministers committed to a continued dialogue within the framework of the joint commission to enhance the environment for doing business in their respective countries and further facilitate and promote bilateral economic cooperation.

Prime Minister Modi reaffirmed India’s support for Sweden’s candidature for a non-permanent seat in the UN Security Council for 2017-18. Recognising the potential benefits of expanding and deepening cooperation in IT and digital industries, both sides endorsed the creation of a new Joint Working Group on digital technologies and economy. Recognising the potential in the area of transport and infrastructure, the two countries agreed to explore a deeper collaboration.

Prime Minister Modi also held bilateral talks with his counterparts from Sweden, Finland and also the deputy prime minister of Poland.