Sweden and India are aiming to double bilateral trade and investment over the next five years. The partnership is framed around cooperation in green transition, defence, emerging technologies, and people-to-people connections. Both countries also plan to strengthen ties in security, technology, artificial intelligence, and space technology. Their space agencies signed a memorandum of understanding to collaborate on an instrument for the Venus Orbiter mission. The European Union expects an EU-India agreement to be signed by the end of the year at a major business event. Investment cooperation is presented as the missing element to complement trade, support de-risking, and diversify supply chains amid economic security challenges.
"“Deepening our investment ties will help us to de-risk and to diversify,” said von der Leyen. The two countries' space agencies signed a memorandum of understanding to work together on an instrument that will be part of the Venus Orbiter mission, said Kristersson."
#bilateral-trade #investment-cooperation #green-transition #defence-and-emerging-technologies #space-and-ai
Read at www.thelocal.se
Unable to calculate read time
Collection
[
|
...
]