PM Modi invites Nordic Companies to Invest In Sagarmala Project

PM Modi invites Nordic Companies to Invest In Sagarmala Project

On Wednesday, Prime Minister Modi participated in the second India-Nordic Summit in Denmark’s capital Copenhagen and invited Nordic companies to invest in India’s Sagarmala project. He also invited companies to invest in the Blue Economy sector.

The meeting was attended by Denmark’s Prime Minister  Mette Frederiksen, Prime Minister Katrin Jakobsdottir of Iceland, Prime minister of Sweden Magdalena Andersson, Prime Minister Jonas Gahr Store of Norway and Prime Minister Sanna Marin of Finland.

As per the release, discussions were held on multilateral cooperation in post-economic recovery, sustainable development, climate change, digitalisation, innovation, and green and clean growth. Leaders also discussed cooperation in the maritime sector with an aim of sustainable ocean management.

The meeting is held to provide an opportunity to review the progress of the India-Nordic relation. The first summit was held in Stockholm in 2018. During the summit, Mr Modi also invited the sovereign wealth funds of the Nordic countries to invest in India.

India and the Nordic countries also discussed their partnership in the Arctic Region during the summit. According to Prime Minister Modi, India’s Arctic Policy provides a good framework for expanding India-Nordic cooperation in the Arctic region.