+
India and Iceland discusses 50 years of diplomatic relations
ECONOMY & POLICY

India and Iceland discusses 50 years of diplomatic relations

Minister of External Affairs, S Jaishankar, held a conversation with Iceland Foreign Minister Thordis K Gylfadottir and discussed the importance of 50 years of diplomatic relations between both the countries, following up on the recent India-Nordic Summit.

This conversation came after Iceland openly supported Finland’s decision to apply for the North Atlantic Treaty Organisation (NATO) membership.

Gylfadottir said that it agrees that Finland in the defence alliance would strengthen Finland and NATO’s security.

During the 2nd India-Nordic Summit, PM Narendra Modi invited Nordic companies to invest in the Blue Economy sector, including the Sagarmala project and urged the sovereign wealth funds of the Nordic countries to invest in Indian projects.

Under the Sagarmala Programme, over 800 projects at an estimated cost of around Rs 5.48 lakh crore have been identified for implementation.

The Sagarmala Programme includes various projects, including the modernisation of existing ports and terminals, new ports and terminals, inland waterways, lighthouse tourism and skill development, etc.

Jaishankar told the media that they discussed multilateral co-operation in post-Covid-19 pandemic economic recovery, climate change, sustainable development, innovation, digitalisation, green and clean energy growth, and co-operation in the maritime sector, focusing on sustainable ocean management.

According to a statement, several Prime Ministers agreed to work together to fight and address climate change issues and protect the natural environment under the Paris Agreement.

Image Source

Also read: Centre identifies over 800 projects under Sagarmala Programme

Minister of External Affairs, S Jaishankar, held a conversation with Iceland Foreign Minister Thordis K Gylfadottir and discussed the importance of 50 years of diplomatic relations between both the countries, following up on the recent India-Nordic Summit. This conversation came after Iceland openly supported Finland’s decision to apply for the North Atlantic Treaty Organisation (NATO) membership. Gylfadottir said that it agrees that Finland in the defence alliance would strengthen Finland and NATO’s security. During the 2nd India-Nordic Summit, PM Narendra Modi invited Nordic companies to invest in the Blue Economy sector, including the Sagarmala project and urged the sovereign wealth funds of the Nordic countries to invest in Indian projects. Under the Sagarmala Programme, over 800 projects at an estimated cost of around Rs 5.48 lakh crore have been identified for implementation. The Sagarmala Programme includes various projects, including the modernisation of existing ports and terminals, new ports and terminals, inland waterways, lighthouse tourism and skill development, etc. Jaishankar told the media that they discussed multilateral co-operation in post-Covid-19 pandemic economic recovery, climate change, sustainable development, innovation, digitalisation, green and clean energy growth, and co-operation in the maritime sector, focusing on sustainable ocean management. According to a statement, several Prime Ministers agreed to work together to fight and address climate change issues and protect the natural environment under the Paris Agreement. Image Source Also read: Centre identifies over 800 projects under Sagarmala Programme

Related Stories

Gold Stories

Next Story
Equipment

Radialisation is becoming increasingly important: Amit Tolani, CEAT

In a conversation with Ashlin Rajan, Amit Tolani, CEO, CEAT Specialty, discusses CEAT’s expanding off-highway tyre portfolio through Camso, the shift towards radialisation and the growing demands on construction equipment. He also shares insights into the company’s investments in automation, digitalisation, AI and sustainable manufacturing, as well as its plans to build more efficient and connected production capabilities. With Camso giving CEAT access to premium construction, agriculture, material-handling tyre and track segments, where do you see the biggest growth opportunity over ..

Next Story
Real Estate

MICL, Godrej Properties partner for Marine Lines project

Man Infraconstruction (MICL) has partnered with Godrej Properties Group for the development of a sea-facing residential project at Marine Lines in South Mumbai. The project has an estimated overall revenue potential of more than Rs 60 billion.Under the transaction, MICL, which was earlier the Development Manager for the project, has partnered with Godrej Properties for its development. The development rights jointly held by MICL and Shreepati Group have been transferred to Godrej Properties. MICL will continue to participate in the project through an agreed revenue-sharing arrangement.Spread a..

Next Story
Resources

Bharat Bijlee appoints Khushru Vakharia as MTM Vice President

Bharat Bijlee has appointed Khushru Vakharia as Vice President of its Magnet Technology Machines (MTM) Division, effective August 31, 2026. He succeeds R Rajaraman, who has retired as Division Head.The MTM Division is part of Bharat Bijlee’s Industrial Systems business and provides permanent magnet technology solutions, including the GreenStar range of gearless elevator machines for customers in India and international markets.Vakharia has more than 35 years of experience with Bharat Bijlee across manufacturing, strategic planning, operational procurement, plant engineering, quality assuranc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code