Last Updated on July 17, 2026 12:24 am by BIZNAMA NEWS
AMN / BIZ DESK
India and Finland today discussed strengthening economic and financial cooperation, enhancing trade and investment ties, and expanding collaboration in digitalisation and emerging sectors. Commerce and Industry Minister Piyush Goyal met Finland’s Deputy Prime Minister and Finance Minister Riikka Purra. He is on an official visit to Finland to strengthen bilateral trade, investment and industry cooperation. They also explored opportunities to further deepen India-Finland engagement under the India-EU FTA.
The Minister also met Finland’s Minister of Economic Affairs Sakari Puisto. They discussed ways to deepen India-Finland cooperation in investments, innovation, Research and Development, startups and business partnerships. The two sides also explored collaboration across AI, 6G, quantum technologies, semiconductors, space and sustainability, while discussing how the India-EU FTA can further strengthen trade and investment between the countries.
During the visit, Mr Goyal addressed the India-Finland Business Forum held at the House of the Estates in Helsinki. In his address, he highlighted the shared ambition of India and Finland to double bilateral trade by 2030 and emphasised the opportunities created by the India-EU Free Trade Agreement to expand trade, investment, manufacturing and innovation partnerships. The visit witnessed the signing of two institutional Memoranda of Understanding, ministerial-level discussions, and extensive engagements between Indian and Finnish industry across key sectors.
ndia-Finland Business Forum
Addressing the India-Finland Business Forum at the House of the Estates in Helsinki, Minister Goyal underscored the shared vision of both countries to double bilateral trade by 2030. He emphasized that the India-EU FTA is a critical instrument that will unlock vast opportunities for manufacturing, innovation, and cross-border business partnerships.
Key Outcomes of the Visit
The visit served as a significant step forward in bilateral relations, marked by:
Executive Branch
- Formal Agreements: The signing of two institutional Memoranda of Understanding (MoUs) to formalize cooperation frameworks.
- Industry Synergy: Extensive networking and collaborative discussions between Indian and Finnish industry leaders, setting the stage for increased investment flows and industrial synergy in key sectors.
By prioritizing digitalization, sustainability, and emerging technologies, India and Finland are positioning themselves for a more robust and multifaceted economic future.