The visit of Iceland's Foreign Minister, Bjarni Benediktsson, to India marks a significant step in strengthening bilateral ties, particularly in trade and investment. His arrival was warmly welcomed by the Ministry of External Affairs. In a series of related developments, Union Minister Piyush Goyal chaired a meeting on the India-EFTA trade agreement, highlighting the complementarities between the economies despite structural diversities, as quoted by Prime Minister Narendra Modi. Goyal announced a commitment from EFTA countries to invest $100 bn, expected to create around a million jobs. Furthermore, discussions on new areas of collaboration, investment, and trade were held on the sidelines of the India-EFTA meeting, involving External Affairs Minister S. Jaishankar and Benediktsson. Norway's Minister for Trade and Industry, Jan Christian Vestre, elaborated on the rationale behind the $100 billion investment figure, emphasizing the promotion of investments and job creation.
#WATCH | Delhi: On why the $100 million number was chosen for investment, Norway Minister for Trade and Industry Jan Christian Vestre says, "The commitment on our side is to promote investments and job creation. We looked into the numbers over the last 20 years, we looked at the… https://t.co/VVed7cJ0BP
EAM @DrSJaishankar with FM @Bjarni_Ben of Iceland on India-EFTA meeting sidelines, they discussed new areas of collaboration, investment and trade. https://t.co/uHBEZuu4Nn
"Good meeting with FM @Bjarni_Ben of Iceland on India-EFTA meeting sidelines. Discussed new areas of collaboration, investment and trade," posts EAM S Jaishankar (@DrSJaishankar). https://t.co/TWuqLSxFh4
#WATCH | Delhi: On partnership with India, Iceland Foreign Minister Bjarni Benediktsson says, "...In the case of Iceland, we are a nation that exports fresh fish all around the world and is known for sustainable fisheries. We have a sustainable fisheries policy. Based on this… https://t.co/9m9ruE1jHm
"EFTA countries commit $100 bn investment creating around a million jobs," says Piyush Goyal, Commerce Minister @PiyushGoyal @EFTAsecretariat https://t.co/tanI2SjVQ1
#WATCH | Union Minister Piyush Goyal chairs meeting on India-EFTA trade agreement. https://t.co/7nlXfvFrTf
#WATCH | Quoting PM Narendra Modi, Union Minister Piyush Goyal says, "... Despite structural diversities in many aspects, our economies possess complementarities that promise to be a win-win situation for all nations. With the opening up of enormous trading and investment… https://t.co/yYLVsk0xyn
Foreign Minister of #Iceland, Bjarni Benediktsson, arrived in the national capital today. Ministry of External Affairs (@MEAIndia), extended a warm welcome to the Icelandic Foreign Minister. https://t.co/1B7dh4mZk6
A warm welcome to FM @Bjarni_Ben of Iceland to India. His visit is set to further strengthen our ties, including in trade and investment. https://t.co/cdnPYJiahR