Highlights of President Pranab Mukherjee's visit to Norway and Finland

October 18, 2014

President Pranab Mukherjee returned from a five day visit to Norway and Finland on October 17. He signed a multitude of agreements during his time there.

Nuclear Energy

India signed an agreement for nuclear cooperation with Finland. The agreement was signed between the Atomic Energy Regulatory Board (AERB) of India and the Radiation and Nuclear Safety Authority of Finland. Other than nuclear cooperation, radiation safety regulation, exchange of information and personnel related to the peaceful use of nuclear energy will be the spheres of collaboration.

Trade

India and Finland agreed to double bilateral trade to $2 bn over the next three years. Around 19 agreements for cooperation across various fields like education, biotechnology, nuclear and radiation safety, and renewable energy were signed to further increase the bilateral trade.

Energy cooperation

A joint venture partnership agreement was signed between Chempolis Oy and Numaligarh Refinery Ltd. to build India’s first BioRefinery.

Science & Technology

An MoU was signed between the Department of Biotechnology and Tekes, the Finnish Funding Agency for Innovation to increase cooperation in the field of biotechnology. This will help the two countries collaborate in the areas of diagnostics in health and well being through joint funding of projects and workshops.