Trade, energy, discussions on global conflicts to top agenda for Modi’s Nordic visit

Why in news

Prime Minister Narendra Modi is visiting Norway to discuss trade, energy supplies, and the implementation of the India-EFTA Trade and Economic Partnership Agreement (TEPA).

Background

The India-EFTA Trade and Economic Partnership Agreement (TEPA) involves Iceland, Liechtenstein, Norway, and Switzerland and came into force in October 2025. The visit includes discussions on investments from the Norwegian Government Pension Fund and collaborations in space and digital infrastructure.

Facts for Prelims

• Intl. orgTEPA: Trade and Economic Partnership Agreement between India and EFTA (Iceland, Liechtenstein, Norway, Switzerland)
• FactTEPA came into force in October 2025
• PlaceNorway: Host country for PM Modi's visit in May 2026
• S&TNorway's Government Pension Fund is a key source of investment for Indian infrastructure

For Mains

Q. Examine how the India-EFTA Trade and Economic Partnership Agreement (TEPA) contributes to India's objective of diversifying its trade partners and securing energy supplies.

Dimensions to cover in your answer

• Strategic diversification: Reducing trade reliance on single markets through EFTA partnerships
• Energy security: Leveraging Nordic expertise in green sustainability and energy supply chains
• Investment synergy: Utilizing Norwegian pension funds for Indian digital and space infrastructure

Keywords: Trade Diversification · Energy Security · Strategic Partnership · Green Sustainability · Investment Synergy

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