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India-Norway Joint Commission meeting

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External Affairs Minister Sushma Swaraj and her Norwegian counterpart Borge Brende, co-chaired the joint commission meeting for a bilateral conference on trade and investments to explore pioneer opportunities.

  • Norway backed India’s bid for procuring membership of the Missile Technology Control Regime (MTCR) and Nuclear Suppliers Group (NSG).

india norway

Norway indicated interest to be a participant  in

  • The Make in India initiative
  • Smart cities and clean Ganga projects
  • Development of ports
  • Dialogue On: Trade, investment, infrastructure, renewable energy, skill development, fisheries, maritime matters, hydrocarbons, education, culture and health.
  • ONGC and Reliance Industries have circles with Norwegian companies in the petroleum and energy sector.
  • Around 70 Norwegian companies are pledged in India either through joint ventures with Indian partners or through wholly owned subsidiaries.
  • Due to existing potential of IT expanding pacts, Indian IT majors like Tata Consultancy Services, Infosys, ITC Infotech, Larsen & Toubro Infotech and Wipro have escalated their existence in Norway.
  • Size of the Indian community in Norway is around 12,924.

Key points:

  • Prime Minister of Norway: Erna Solberg
  • Capital, Currency: Oslo, Krone