India and the Nordic countries have decided to elevate their relationship to a Green Technology and Innovation Strategic Partnership to strengthen cooperation in clean and green transition, trade and investments, and blue economy. According to reports from Business Standard, Prime Minister Narendra Modi made this announcement after the 3rd India-Nordic Summit held in Oslo on May 19, 2026, where he was joined by his counterparts from Norway, Denmark, Finland, Iceland and Sweden. In a joint press statement, Modi emphasized that "with this green technology partnership, we will ensure a better future for the entire world," as reported by Business Standard. The PM highlighted that "the partnership would combine Nordic expertise with India's talent and innovation capacity to develop trusted global solutions."
The partnership agreement encompasses several key areas including sustainability, innovation, clean energy, emerging technologies and strengthening cooperation for a peaceful and prosperous future. As reported by Business Standard, PM Modi stated on social media that their discussion focused on these aspects, with the green technology partnership aimed at ensuring a better future for the entire world. The collaboration specifically targets boosting clean energy, trade, and the blue economy, as reported by Business Standard. Under the new partnership, India will work closely with the Nordic nations in areas such as geothermal energy, blue economy, Arctic research, sustainability, cyber security, telecom and advanced manufacturing. The partnership will leverage Iceland's strengths in geothermal energy and fisheries, Norway's expertise in blue economy and Arctic affairs, Sweden's advanced manufacturing and defence sector, Finland's leadership in telecom and digital technologies and Denmark's capabilities in cyber security and health technology.
Prime Minister Modi emphasized that India and the Nordic nations will continue to work together to strengthen the rules-based global order in an era of global tensions and conflicts. As reported by Business Standard, Modi stated that their shared commitment to democracy, rule of law, and multilateralism makes them natural partners, with both sides agreeing that reform of multilateral institutions is both necessary and urgent. Modi noted that "India and the Nordic countries are united by shared democratic values, trust and a common commitment towards human-centric development," according to Business Standard.
During the summit discussions, the leaders shared views on global issues and global tensions, with Modi committing that India and the Nordic nations will continue to support the earliest resolution of conflicts and efforts towards peace in regions including Ukraine and West Asia. According to Business Standard, Modi emphasized that in this era of global tensions and conflicts, they will work together to strengthen the rules-based global order. Modi also delivered a strong message on terrorism at the summit, saying there can be "no compromise" and "no double standards" in dealing with terror. Addressing a joint statement after the summit, Modi said "We have a clear and united stand on terrorism — 'No Compromise, No Double Standards'" at a time when the world was witnessing growing conflict and instability.
The summit also saw Modi hold separate talks with Icelandic Prime Minister Kristrun Frostadottir, Finnish Prime Minister Petteri Orpo and Danish Prime Minister Mette Frederiksen on the sidelines. Norwegian Prime Minister Jonas Gahr Store said the summit reflected the growing need for cooperation among democracies in an increasingly unpredictable world. Modi later departed for Italy after concluding his visit to Norway. The leaders also agreed to deepen collaboration in Arctic and polar research while creating new opportunities for skill development and talent mobility. Modi stressed the need for a rules-based global order and called for urgent reforms in multilateral institutions, with both sides agreeing that reform of multilateral institutions is both necessary and urgent.
