Commerce relations with India will continue to grow stronger, says Swedish official – india news


Commerce relations with India will continue to grow stronger and deeper, and also create new employment opportunities, Ambassador of Sweden to India Klas Molin has said.

Speaking at ‘India Sweden Innovation Day 2020’, Molin said the innovation partnership between the two countries has strengthened since its announcement in 2018.

The ambassador termed innovation as some of the absolute cornerstones of relations between Sweden and India. “Both our governments have allocated underwriting for multi-million calls under our partnership. As a consequence, trade links between our countries will continue to grow stronger and deeper, drawing us closer together and creating jobs and prosperity,” Molin used to be quoted as in a remark.

 In his address, Union Minister for Street Transport, Highways Nitin Gadkari, who also participated in the virtual convention said, in the case of innovation, both Sweden and India have a lot in common to share for their mutual good. There are enormous opportunities that exist on the two sides and which must be identified and promoted.

 “The mutual cooperation, coordination and communication some of the stakeholders in India and Sweden will enhance, live to tell the tale and grow in new normal. Innovation, entrepreneurship, science and technology, R&D, skills, knowledge, and conversation of knowledge into wealth is the future,” he said.

The one-day virtual event used to be jointly organised by India Unlimited in Sweden, in organization with Embassy of India in Sweden, Sweden India Commerce Council and CII on Friday.

Attended by approximately 500 participants, the event brought together the stakeholders from governments to other key organisations who spoke approximately energy partnership, secure transport, innovation collaboration, sustainable trade models, civil and cyber security, health tech, skilling and tech start-ups, the remark said.

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