India and Sweden to sign Polar Science Cooperation Agreement

India and Sweden are to sign their first maritime cooperation agreement during the Swedish Royal couple visit. The agreement includes cooperation between the countries in both Arctic and Antarctic regions and hence the name Polar Science.

Significance

In the last few years, India has signed series of maritime agreements to exchange military information and to extend the reach of its armed forces in the arctic region. This will help India to learn about resource exploration and keep in pace.

The agreement further aids in India’s ambitions in strengthening its defence forces. The agreement will help India get access to Russian bases in the Arctic.

Royal Couple Visit

The Swedish Royal Couple King Carl XVI Gustaf and Queen Silvia of Sweden are to visit India for 5 days. This is the third visit of the Swedish Royals to the country. Earlier the visits were in 1993 and 2005.

The bilateral trade between India and Sweden was 3.37 billion USD in 2018. The relations between the countries have been friendly, transparent and by rule of law.

Month: Current Affairs - December, 2019