India-Norway Economic Cooperation Discussions
Analysis based on 6 articles · First reported Feb 18, 2026 · Last updated Feb 18, 2026
The discussions between India and Norway on operationalising trade agreements and exploring collaboration in high-tech manufacturing, semiconductors, and renewable energy are expected to boost investor confidence in both economies. This could lead to increased foreign direct investment and trade flows, particularly benefiting companies in the specified sectors in India and Norway.
Union Finance Minister Nirmala Sitharaman held a meeting with Norway Prime Minister Jonas Gahr Støre in Oslo on February 18, 2026, to discuss the operationalisation of the European Free Trade Association (EFTA) and TEPA agreements. Key areas of collaboration outlined included high-tech manufacturing, carbon capture storage, startups, semiconductors, renewable energy, and waste management. Jonas Gahr Støre appreciated India's reform momentum and expressed anticipation for Narendra Modi's visit later in the year. Sitharaman also met with Cecilie Myrseth, Norway's Minister for Trade and Industry, and Even Tronstad Sagebakken, State Secretary, Fisheries and Ocean Policy, to discuss green technology, rare earth processing, maritime, and fisheries. She also engaged with over 35 Norwegian CEOs and investors in a roundtable, highlighting India's growth story and investment opportunities, emphasizing its expanding trade architecture and predictable policy environment.
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