International Groupings: Nordic Countries

  • What is it?: The Nordic countries also known as the Nordics or Norden are a geographical and cultural region in Northern Europe and the North Atlantic.
  • Member: It includes the sovereign states of Denmark, Finland, Iceland, Norway and Sweden, the autonomous territories of the Faroe Islands and Greenland; and the autonomous region of Åland.
  • Political System:
    • Denmark, Finland and Norway are parliamentary democracy with constitutional monarchy.
    • Finland and Iceland are democratic republics.
  • Six Pillars
    • Science and Research 
    • National Capacity Building
    • Governance and International Cooperation
    • Transportation and Connectivity
    • Economic and Human Development
    • Climate and Environment Practice

Significance of Nordic Countries for India

  • Sustainable Development and Climate Action: Nordic expertise in renewable energy, sustainable urban planning, and carbon-neutral practices aligns with India’s climate and urbanization goals.
  • Technological Innovation and Knowledge Sharing: Nordic countries lead in digitalization, AI, and healthcare tech, supporting India’s advancements in digital economy and health sector.
  • Trade and Economic Growth: Significant trade in machinery, chemicals, electronics, and more; Nordic countries are stable trade partners and major investors in India, especially in manufacturing.
  • Strategic Collaboration in the Arctic: The Arctic’s resources and maritime routes are valuable for India’s research and trade, with Nordic countries being key players in Arctic cooperation.
  • Geopolitical Stability and Multilateralism: Shared commitment to a rules-based global order; Nordic countries support India’s UN Security Council aspirations.
  • People-to-People and Cultural Exchange: Growing Indian diaspora, educational exchanges, and cultural ties strengthen long-term relations.
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