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PM Modi's Europe Trip: 3rd India-Nordic Summit in Oslo, $19 Bn Trade, Focus on Defence, Arctic & IMEEC

Target:UPSC GS-IIMPSCSSC GATeachingBankingPrelims HighMains HighStatic GK Link
14 May 2026
~2 min
Source: Indian Express
Key Data:$19 billion (India-Nordic Trade 2024)$27.8 billion (India-Netherlands Trade FY24-25)$7.75 billion (India-Sweden Trade 2025)~$30 billion (Norway GPFG Investment)October 1, 2025 (India-EFTA TEPA effective)
Bodies:European UnionEuropean Free Trade Association (EFTA)Arctic CouncilNorwegian Shipowners' Association
Practice MCQs from today's news ▸
What This Article Covers

1.PM Modi visits Norway, Netherlands, Sweden, and Italy, culminating in the 3rd India-Nordic Summit in Oslo to boost strategic partnerships.

2.The engagement aims to leverage Europe as a reliable partner for capital, technology, and market access, with trade and investment as key drivers.

3.Examiners will focus on bilateral trade figures, country-specific strengths (e.g., Norway's Arctic expertise), and India's strategic diversification in the Indo-Pacific and against China.

The Big Picture
Prelims · HighMains · High

Prime Minister Narendra Modi's multi-nation Europe visit, including the 3rd India-Nordic Summit, aims to deepen strategic and economic partnerships amid global uncertainty. The trip focuses on securing technology, investment, and diversifying alliances, with key outcomes in defence manufacturing, Arctic cooperation, and advancing the India-Middle East-Europe Economic Corridor (IMEEC).

Exam Lens

Quick Exam Facts From News

India-Nordic Trade (2024)$19 billion (Goods & Services)
India-Netherlands Trade (FY24-25)$27.8 billion
India-Sweden Trade (2025)$7.75 billion
Norway's GPFG Investment in India~$30 billion
India-EFTA TEPA Effective DateOctober 1, 2025

1-Minute Revision

  • ›India-Nordic Trade (2024): $19 billion (Goods & Services)
  • ›India-Netherlands Trade (FY24-25): $27.8 billion
  • ›Target this Data: India-Nordic trade in goods and services reached $19 billion in 2024.
  • ›Target this Nodal Body: The European Free Trade Association (EFTA) - members are Iceland, Liechtenstein, Norway, Switzerland.
  • ›Target this Legal Point: The India-EFTA Trade and Economic Partnership Agreement (TEPA) entered into force on October 1, 2025.

Mastered this topic? Test your knowledge with a full MCQ quiz.

Practice exam-style questions, track your score, and strengthen your recall.

Q1Static LinkageEasy

The India-EFTA Trade and Economic Partnership Agreement (TEPA) involves which of the following country groups?

Q2Statement-basedMedium

Consider the following statements regarding PM Modi's Europe visit as per the article:

1. The third India-Nordic Summit is being held in Oslo, Norway.

2. Sweden has removed Chinese vendors from its telecom networks as part of strategic de-risking.

3. The Netherlands is India's largest export destination in Europe.

Which of the statements given above is/are correct?

Q3Data-centricMedium

According to the article, what was the approximate value of bilateral merchandise trade between India and Norway in 2024-25?

Q4Application/ImpactMedium

What is a primary strategic objective of India's enhanced engagement with Nordic countries, as highlighted in the article?

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