Business cooperation abroad
One of the most important tasks of the Foreign Service is to promote Norway’s business interests abroad. Internationalisation is crucial for maintaining the competitiveness of the Norwegian business sector, and high priority is given to supporting individual companies. The Foreign Service comprises more than 100 diplomatic and consular missions that can assist companies in building networks and give guidance on local conditions in the country concerned.
The National Budget 2018
Stepping up for job creation and renewable energy
'Jobs must be created in developing countries if we are to succeed in combating poverty and achieving the sustainable development goals. This is why we are proposing to increase support for private-sector development by NOK 338 million in 2018,' said the Minister of Foreign Affairs.
Vocational training in developing countries
The Government has entered into a partnership with the Confederation of Norwegian Enterprise (NHO) and Norwegian companies with a view to strengthening vocational training in developing countries.
Private investment in clean energy in Africa
‘More than 700 million people in Africa lack electricity, and the continent is in urgent need of investment in renewable energy. Norway will therefore contribute NOK 300 million to Green Africa Power, which is intended to encourage commercial actors to invest in sub-Saharan Africa,’ said the Minister of Foreign Affairs.
Norway and Croatia have signed MoUs under the EEA and Norway Grants scheme amounting to around EUR 103.4 million. Key focus areas will be business development and innovation, energy, and justice and home affairs. 'There will be good opportunities for Norwegian businesses to become partners in the various projects,’ said Prime Minister Erna Solberg.
'The business sector needs to improve transparency and reporting, and to invest in meaningful stakeholder dialogue – not as a PR exercise, but as part of responsible business conduct', Minister of International Development, Nikolai Astrup, said in his speech to the roundtable.
'We would like to see more trade and investment both ways. There are still those who see trade as a zero-sum game, where exports are good but imports are bad. We are most certainly not among them. Norway has become a prosperous country – not despite being an open economy, but because we are open to trade and Investments, State Seceratry Marianne Hagen said in her speech.
Working together: Private sector development in Norwegian development cooperation.
Section for Business relations and Private sector development
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