Norwegian and Indian Leaders Forge Tighter Economic Bonds Amid Global Tensions

Norwegian Prime Minister Jonas Gahr Store underscored the significance of bolstering ties among nations committed to a rules-based international order amid escalating global 'weaponization' of trade and diplomacy. At the Norway-India Business and Research Summit in Oslo, Store highlighted the necessity for countries supporting stability to foster closer collaboration.

Store emphasized discussions held with Indian Prime Minister Narendra Modi, pointing out the challenges posed by key global players harnessing supply chains and rare materials as geopolitical tools. This dialogue came as part of an event emphasizing economic cooperation and innovation between Norway and India.

The summit resulted in numerous agreements, marking a pledge for deeper political and economic engagement between the two nations. As leading Norwegian corporations with a combined market value of approximately USD 200 billion participated, the event highlighted India's rising prominence as an economic and innovative partner for Nordic economies.

(With inputs from agencies.)