Norway Welcomes India-EU FTA as Complement to EFTA Pact, Eyes Stronger Ties

• Norway's Ambassador to India, May-Elin Stener, supports the India-EU Free Trade Agreement (FTA) as a positive step for global trade.
• The Ambassador views the India-EU FTA as a strong complement to the existing India-EFTA Trade and Economic Partnership Agreement (TEPA), which Norway is part of.
• TEPA, signed on March 10, 2024, and effective October 1, 2025, commits USD 100 billion in investments and 1 million direct jobs in India over 15 years.
• Stener emphasized that the Nobel Committee operates independently, with no government interference in nominations or decisions, regarding remarks by former US President Donald Trump.
• Bilateral ties between India and Norway are strengthening, with growing interest from Norwegian companies in India, especially in renewable energy and digital technologies.

Why It Matters: Norway supports the India-EU FTA as a positive development, complementing its EFTA pact with India.