- 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.