Modi's Sweden visit and why is it important of the economy?

PM Modi to embark on five-day visit to UK, Sweden today

Sweden is a strong contributor to Make in India initiative: PM Modi

India and the five Nordic nations of Sweden, Denmark, Iceland, Norway and Finland on Tuesday agreed to deepen cooperation in innovation and climate change in the first India-Nordic Summit held here during the course of Indian Prime Minister Narendra Modi's visit here. India also credited Scandinavian Nations for initiating environmental solutions, port modernisation, cold chain, skill development, innovation among other areas. In the defence sector, Sweden has been India's partner from a long time. Lofven also stated that India and Sweden agreed to work on a security agreement. Infusing new energy into their bilateral relations, Mr. Modi and Mr. Lofven held fruitful discussion on issues related to cooperation in innovation, trade and investment and culture.

India and Sweden on Tuesday announced the adoption of the Joint Action Plan aimed at implementing the joint innovation partnership between them.

"I am confident that in the future in this sector, especially in defence production, there will be many opportunities for bilateral cooperation". Modi also said India and Sweden will continue their close cooperation on the global stage.

The two leaders also exchanged views on regional and multilateral cooperation at the delegation-level talks.

Protests and support rallies are set to take place on Wednesday and later in the week, as Prime Minister Narendra Modi embarks on his second bilateral visit to the United Kingdom in three years, ahead of the Commonwealth Heads of Government Meeting, with issues from sexual violence, the situation in Kashmir, violence against Dalits and religious minorities likely to figure prominently.

The partnership covers several areas, including smart cities, transportation and eMobility, energy, clean technologies, new materials, space, circular and bio-based economy, and health and life sciences.

PM Modi to embark on five-day visit to UK, Sweden today
PM Modi meets PMs of Nordic countries on sidelines of India-Nordic Summit

The joint statement said they will enhance Indo-Swedish dialogue on defence cooperation. "No important global conversation is complete without the voice of India", Lofven said.

This will the first visit of an Indian Prime Minister in the past 30 years.

At the end of the live telecast, he will join Heads of Government from 52 other Commonwealth countries at a dinner hosted by the British prime minister as a formal welcome to CHOGM.

Following the summit, Modi and Lofven participated in a round table with Swedish CEOs during which the CEOs were exhorted to invest in India and participate in the country's flagship initiatives, External Affairs Ministry spokesperson Ravessh Kumar said in a tweet.

On 20 April, the PM will fly to Germany where he will meet German Chancellor Angela Merkel.

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