{"id":230622,"date":"2023-03-11T20:10:41","date_gmt":"2023-03-11T14:40:41","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=230622"},"modified":"2023-03-11T20:11:08","modified_gmt":"2023-03-11T14:41:08","slug":"india-and-sweden-old-friends-in-new-times","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/india-and-sweden-old-friends-in-new-times\/","title":{"rendered":"India and Sweden: Old friends in new times"},"content":{"rendered":"\n<p><strong>Source<\/strong>: The post is based on the article\u00a0\u201c<strong>India and Sweden: Old friends in new times<\/strong>\u201d published in <strong>The Indian Express<\/strong> on\u00a0<strong>11<sup>th<\/sup> March 2023<\/strong>.<\/p>\n<p><strong>Syllabus: GS 2 \u2013 International Relations<\/strong><\/p>\n<p><strong>Relevance: <\/strong>India-Sweden bilateral relations<\/p>\n<p><strong>News<\/strong>: There have been 75 years to bilateral relation between India and Sweden. The article discusses the bilateral relations between the two nations.<\/p>\n<h2><strong>How has been the bilateral relations between India and Sweden?<\/strong><\/h2>\n<p><strong>Manufacturing:<\/strong> Sweden and India have both identified industry and manufacturing as the key to building long-term economic growth. The extensive bilateral manufacturing exchange between Sweden and India has allowed the two countries to benefit from each other.<\/p>\n<p><strong>Swedish companies like<\/strong> Ericsson, SKF, Alfa Laval, and Volvo have been ambassadors of Sweden in India for innovation, sustainable manufacturing, skill development, and social inclusion.<\/p>\n<p><strong>Clean Energy:<\/strong> There have been many Swedish innovations in India to enable decarbonisation. There is further need to work toward socially and environmentally sustainable practices throughout the entire supply chain.<\/p>\n<p>Further, <strong>Bilaterally, both the nations<\/strong> prioritise digitalisation, the green transition, and the industry of the future.<\/p>\n<p><strong>Multilaterally<\/strong>, both nations <strong>co-chairs the<\/strong> <strong>Leadership Group for Industry Transition<\/strong> and also through their <strong>respective presidencies in the European Union and the G20<\/strong>, they lead the way towards achieving sustainable goals.<\/p>\n<p><strong>Trade:<\/strong> The year 2022 saw record bilateral trade between the two nations.<\/p>\n<h2><strong>What lies ahead for the bilateral relations between India and Sweden?<\/strong><\/h2>\n<p>Sweden is one of the strongest proponents for a <strong>Free Trade Agreement between the European Union and India<\/strong>. An FTA would be a game changer for both the economies.<\/p>\n<p>Further<strong>, Sweden is also committed towards deepening and expanding the partnership by<\/strong> capitalising on the collaboration in innovation, green transition, energy, health, industry policy and more.<\/p>\n<p>Hence, both nations should work together on improving ties and collaborating on strategic issues and leading the development.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: The post is based on the article\u00a0\u201cIndia and Sweden: Old friends in new times\u201d published in The Indian Express on\u00a011th March 2023. Syllabus: GS 2 \u2013 International Relations Relevance: India-Sweden bilateral relations News: There have been 75 years to bilateral relation between India and Sweden. The article discusses the bilateral relations between the two&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/india-and-sweden-old-friends-in-new-times\/\">Continue reading <span class=\"screen-reader-text\">India and Sweden: Old friends in new times<\/span><\/a><\/p>\n","protected":false},"author":10320,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,9],"tags":[212,10500],"class_list":["post-230622","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-gs-paper-2","tag-indian-express","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704893767},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/230622","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10320"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=230622"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/230622\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=230622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=230622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=230622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}