Strategy for cooperation between Norway and India

India will play an increasingly important role in a multipolar world. The Government will thereforemake it easier for Norwegian companies wanting to invest in India.

India will play an increasingly important role in a multipolar world. The Government will thereforemake it easier for Norwegian companies wanting to invest in India.

The government recently launched a strategy that will facilitatetrade and investments between Norway and India.. In recent years, Norwegian expertise in energy, environmental technology and maritime operations, have been in demand in India. This opens up great opportunities for Norwegian industry.

- India is not only a big, high-growth market. India seeks Norwegian knowledge, State Secretary Rikke Lind of the Ministry of Trade and Industry said during the launch of the government's India strategy.

 

Trade agreement negotiations


The government will now work to create predictability and better market access for businesses in India. A new bilateral taxation agreement has been negotiated, and trade negotiations are now taking place through EFTA.

- A free trade agreement ia an  important element in the government's commitment to strengthen Norwegian companies' position in India. A trade agreement will assure better market access and more predictability, said Lind.

The government will increase the number of staff at the embassy in New Delhi. The embassy will also have delegated authority to make decisions in certain work permit issues.
The maritime co-operation between Norway and India is growing. The project "Green Shipping" may facilitate environmentally friendly shipping.

"Opportunities in diversity" - the Norwegian Government's strategy for cooperation between Norway and India (PDF - in Norwegian and English)

Video

The video below highlights the strategy. The video can be downloaded in Windows-format and in MP4-format (for iTunes/iPhone etc.)