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Trade relations with India will continue to strengthen, says Swedish official


Trade relations with India will continue to strengthen and deepen, and will also create new job opportunities, said Sweden’s Ambassador to India Klas Molin.

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

The ambassador called the innovation one of the absolute cornerstones of relations between Sweden and India. “Both of our governments have allocated funds for multi-million dollar calls under our partnership. As a consequence, the commercial ties between our countries will continue to strengthen and deepen, bringing us closer together and creating jobs and prosperity, ”Molin said in a statement.

In his speech, Union Road Transport Minister Nitin Gadkari Roads, who also participated in the virtual conference, said that when it comes to innovation, both Sweden and India have a lot in common to share for the mutual good. There are immense opportunities that exist on both sides and that must be identified and promoted.

“Mutual cooperation, coordination and communication between stakeholders in India and Sweden will strengthen, survive and grow into a new normal. Innovation, entrepreneurship, science and technology, R&D, skills, knowledge and the conversion of knowledge into wealth is the future, ”he said.

The one-day virtual event was jointly organized by India Unlimited in Sweden, in partnership with the Embassy of India in Sweden, the Business Council of Sweden India and IIC on Friday.

With the attendance of some 500 participants, the event brought together stakeholders from governments to other key organizations that spoke about the energy partnership, safe transport, collaboration in innovation, sustainable business models, civil and cyber security, healthcare technology, training and tech startups, the statement said.

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