Shri Piyush Goyal, Honourable Minister of Commerce and Industry, Government of India will hold an interactive meeting with the Norwegian industry delegation led by H E Ms May-Elin Stener, Ambassador of Norway to India during the India - Norway Business Roundtable to be held on Sunday, 08 December 2024, at Mumbai.

The meeting will also be joined by leading Indian members and others important for the India - Norway corridor.

A significant focus of the discussion will be on the recent Free Trade Agreement (FTA) between India and the EFTA countries, which holds immense potential for both nations. India is particularly keen on attracting $100 billion in investments from the EFTA countries, as outlined in the agreement.

The two sides will hold wide-ranging discussions on all aspects of the bilateral trade partnership including opportunities, challenges and measures to further strengthen cross border infrastructure, enhance connectivity and facilitating trade between the two countries.

The two sides will be assessing the opportunities in investment partnerships in logistics, supply chain, connectivity, maritime, energy, circular economy, food and agri, infrastructure, technology and more.

Minister Goyal is expected to hold discussions on:

• Key opportunities and trends for further Norwegian investments in India
• Potential areas of collaboration between India and Norway
• Current business climate in India and key government reforms and policies conducive for the partnership

A high - level visit to Norway is expected in the next year during the India – Nordic Summit. The next discussion of the forum is expected to take place during the Summit. The forum and the discussions will foster on further strengthening the existing close ties of friendship and cooperation between the two countries.

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AD/CNAN

Free Trade Agreement momentum to drive bilateral investment and cooperation in logistics, energy, connectivity and technology. The India-Norway roundtable seeks to operationalize the Free Trade Agreement with EFTA by focusing on attracting EFTA investment and identifying collaboration across logistics, supply chains, maritime, energy, circular economy, food and agriculture, infrastructure, and technology, while reviewing reforms and measures to strengthen cross border infrastructure, connectivity and trade facilitation and planning follow up high level engagement.