Union Finance Minister Nirmala Sitharaman on Tuesday mentioned scope for cooperation within the renewable sector, particularly solar energy, uncommon earth processing, carbon seize and garage, with Norway Finance Minister Jens Stoltenberg.
In her bilateral assembly with the Union Finance Minister in Oslo, Stoltenberg mentioned that India’s financial enlargement provides quite a lot of alternatives to speculate and develop. “The 2 leaders mentioned operating in combination within the renewable sector, particularly solar energy, uncommon earth processing, carbon seize and garage,” the finance ministry mentioned in a put up on X.
Each leaders agreed to paintings in opposition to leveraging the Business and Financial Partnership Settlement (TEPA), particularly within the domain names of blue financial system and inexperienced financial system, in addition to funding by means of sovereign wealth and pension budget.
Stoltenberg additionally knowledgeable Sitharaman that Norway is taking a look ahead to the consult with of Top Minister Narendra Modi scheduled for later within the yr, and expressed hope that it could additional make bigger India-Norway cooperation.
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