International Relations Prelims cum Mains

India, Sweden agree upon ‘win-win’ joint action plan

Details :

The news:

  • India and Sweden agreed upon a joint action plan (JAP) for both countries to take forward a wide range of initiatives.

 

News summary:

  • About joint action plan (JAP):
    • JAP covers areas including defence, trade and investment, counterterrorism, renewable energy, smart cities, women’s skill development, space and science and healthcare.
    • Characterising the JAP as a “win-win partnership” for India and Sweden, Mr. Modi underscored the critical role of the defence sector and security initiatives as a pillar of the bilateral relationship.
  • Defence sector:
    • Sweden has been partner of India in the defence sector for a long time.
    • The bilateral summit here was additionally significant for the opportunity it afforded both sides to discuss Sweden’s interest in proposing the Saab Group’s Gripen-E single-engine jet fighter for the Indian Air Force.
  • On counter-terrorism:
    • India and Sweden emphasised that the global counterterrorism legal framework should be regularly updated to address the changing threat of terrorism with strength.
  • Innovation:
    • Innovation was front and centre in the bilateral summit and the outcome being a joint declaration on a Sweden-India Innovation Partnership for a Sustainable Future.
    • Sweden announced that the Swedish government will kick start our Innovation Partnership by providing up to 50 million Swedish kronor (over $59 million) for innovation cooperation in the field of smart cities and sustainability.
  • Economic and commercial cooperation:
    • Sweden is a big market for Indian IT engineers.
    • Total trade target of US$ 5 billion by 2018.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: