India and Norway elevate ties to a Green Strategic Partnership; aim to double trade by 2030
On 18 May 2026 Prime Minister Narendra Modi and Norwegian Prime Minister Jonas Gahr Støre held talks in Oslo, elevated India–Norway ties to a Green Strategic Partnership and set a goal of doubling bilateral trade by 2030.
Summary
India and Norway elevated their relations to a Green Strategic Partnership after talks between Prime Minister Narendra Modi and Norwegian Prime Minister Jonas Gahr Støre in Oslo on 18 May 2026. The leaders set the aim of doubling the value of current bilateral trade by 2030 and urged businesses to meet the USD 100 billion investment commitment and one million jobs in India envisaged under the India–EFTA Trade and Economic Partnership Agreement (TEPA). The leaders asked their teams to deepen cooperation in the blue economy, green shipping, shipbuilding, space, AI, cyber security and fisheries, reaffirmed UNCLOS principles, and welcomed Norway joining the Indo-Pacific Oceans Initiative. PM Modi also invited Norway to Bharat Innovates 2026 in France in June 2026.
Key facts
- Date / place
- 18 May 2026, Oslo
- Leaders
- Narendra Modi and Jonas Gahr Støre
- New status
- Green Strategic Partnership
- Trade goal
- Double current trade by 2030
- TEPA
- USD 100 billion investment commitment; one million jobs in India
- IPOI
- Norway joins Indo-Pacific Oceans Initiative
- Also
- Norway invited to Bharat Innovates 2026 (France, June)
Practice MCQs 3 questions
To what level did India and Norway elevate their relations on 18 May 2026?
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Correct answer: C — Green Strategic Partnership
PM Modi and PM Støre agreed in Oslo to elevate ties to a Green Strategic Partnership.
By which year did India and Norway aim to double the value of their current bilateral trade, as agreed in May 2026?
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Correct answer: A — 2030
The leaders underlined the aim of doubling the value of current trade between India and Norway by 2030.
Consider the following statements about the India–Norway talks of 18 May 2026: 1. The investment commitment under the India–EFTA TEPA cited by the leaders is USD 50 billion. 2. The leaders welcomed Norway joining the Indo-Pacific Oceans Initiative. Which of the statements given above is/are correct?
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Correct answer: B — 2 only
Statement 1 is wrong: the TEPA investment commitment cited is USD 100 billion, with one million jobs in India. Statement 2 is correct.