Prime Minister Narendra Modi will reach Gothenburg on Sunday in the third phase of his 5-nation tour. During this visit, India and Sweden will discuss issues like business, innovation, AI and emerging new technologies. According to the Ministry of External Affairs, this 2-day visit to be held on 17-18 May is being held on the invitation of Swedish Prime Minister Ulf Kristersson. Officials said that this visit will provide an opportunity to review India’s relations with the European Union through Sweden.

Earlier in 2018, PM Modi had visited Sweden for the first India-Nordic summit. This time, the Prime Minister is expected to hold bilateral talks with Kristersen that will cover the entire gamut of bilateral relations, with a special focus on promoting trade and investment ties.

What topics will be discussed
The External Affairs Ministry said the discussions will include topics of cooperation in AI, emerging new technologies, startups, defence, space and action on climate change and people-to-people ties. The two leaders are also expected to address the European Industry Roundtable, a major European business forum, along with European Commission President Ursula von der Leyen.

There can be talk on Iran-America conflict
According to HT report, officials said that after the India-Europe Free Trade Agreement, the importance of this visit has increased even more, because New Delhi wants to further strengthen economic relations with Europe. The economic implications of the Iran-US conflict are also expected to be discussed during the discussions in Sweden.

trade between india and sweden
Trade and investment are likely to be the major themes as bilateral trade between India and Sweden is expected to reach $7.75 billion in 2025. Sweden’s foreign direct investment in India has also reached $2.825 billion between 2000 and 2025. New Delhi is also trying to adopt Sweden’s technology, which is considered the strongest in Europe. Sweden leads Europe in the number of unicorns per capita.

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