Confederation of Swedish Enterprise Director General, Jan-Olof Jacke, commended the EU-India Free Trade Agreement, emphasizing its importance for the future of global trade. He highlighted the need for streamlined procedures and efficient customs operations to fully realize the potential of the trade pact. Jacke expressed optimism about the strengthening ties between India and the EU, particularly noting the significance of Prime Minister Modi’s visit to Sweden.
The Director General underscored the value of the India-EU FTA and the potential benefits it offers. He mentioned the handover of a report outlining the advantages of the trade agreement to PM Modi during his visit. Jacke also lauded the visit of Prime Minister Modi to Sweden, emphasizing the importance of fostering relationships between innovative countries like Sweden and rapidly growing markets like India.
During interactions with Swedish company CEOs, Prime Minister Modi highlighted the shared values of democracy, transparency, innovation, and sustainability between India and Sweden. He emphasized the partnership’s focus on technology, innovation, and co-creation, beyond just economic aspects. Modi invited Swedish companies to deepen their engagement in India, particularly in sectors like clean energy, defense, and advanced manufacturing.
