Trade, energy, discussions on global conflicts to top agenda for Modi’s Nordic visit
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- Narendra Modi lands in Norway on May 18 2026 for the first Indian‑Norwegian bilateral visit, meeting PM Jonas Gahr Støre and addressing a joint business summit.
- India‑EFTA Trade and Economic Partnership Agreement (TEPA), covering Iceland, Liechtenstein, Norway and Switzerland, entered into force in Oct 2025 and will be reviewed during the talks.
- Three government‑to‑government MoUs on health, digital infrastructure and space, plus at least 18 business MoUs—many in energy—are slated for signing, including a new LNG shipment from Equinor under a 15‑year deal.
- Norway’s Government Pension Fund, worth about $28 billion, is being courted to boost its holdings in Indian capital markets, according to MEA officials.
- The 3rd Nordic‑India summit on May 19 2026 will bring together leaders of Norway, Sweden, Finland, Iceland and Denmark, with expected discussions on the Ukraine, Iran and Gaza conflicts.
Why it matters: India gains new energy supplies and potential $28 billion capital inflows, while Norwegian firms secure a larger Indian market; the MoUs and fresh LNG delivery boost fertilizer production and deepen tech ties, shifting trade balances toward the Nordics.
