Swedish King in India for bilateral talks |
Indian Prime Minister Narendra Modi held talks with Swedish King Carl XVI Gustaf in New Delhi on Monday. The two leaders discussed bilateral and multilateral issues of mutual interest. The Swedish King and Queen Silvia arrived in New Delhi on Monday morning on a five-day visit to India. The King also meet President Ram Nath Kovind. External Affairs Minister S Jaishankar will also call on the Swedish King. Several agreements on furthering bilateral engagement are likely to be signed between the two countries. The Swedish King is leading a high-level business delegation for engagements with Indian counterparts. The delegation will hold meetings with Indian industry leaders in Delhi and Mumbai. The ties between India and Sweden have been on an upward trajectory in the last few years. The bilateral trade volume was 3.37 billion US Dollars in 2018. India is Sweden`s third largest trade partner in Asia, after China and Japan. Mutual economic interests in areas including manufacturing, cleantech, and healthcare, among others, are driving trade relations between both the countries. During Prime Minister Narendra Modi`s visit to Stockholm in 2018, a Joint Action Plan as well as a Joint Declaration on Sweden-India Innovation Partnership for a sustainable future were signed.
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