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Prime Minister Modi and Danish PM Mette Frederiksen holds virtual bilateral summit, highlights shared approach to the global challenges

Prime Minister Narendra Modi noted that the virtual summit was not only useful for bilateral relations between India and Denmark but also in contributing the shared approach to the global challenges. 

Sep 28, 2020 18:11 IST
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Prime Minister Modi and his Danish counterpart Mette Frederiksen held a virtual bilateral summit on September 28, 2020. The news regarding the summit was shared by the External Affairs Ministry on September 27 and the summit was hosted by India. 

Earlier, On September 26, 2020, to deepen and promote IP relations between two nations, a Memorandum of Understanding (MoU) in the field of Intellectual Property Cooperation was signed between India and Denmark.

Denmark and India share 400 years of historical linkage and about 70 years of diplomatic relations. Denmark has also been an important development partner by contributing to India’s ‘white revolution’ and the growth of wind energy. 

India-Demark Virtual Bilateral Summit: Highlights

•  Prime Minister Narendra Modi in his address during the virtual bilateral summit with his Danish counterpart highlighted that both the nations share a rule-based, humanitarian, transparent, and democratic value system. He added that the events from the past few months have made it extremely clear that how important it is for the like-minded countries to come together. 

• While not mentioning any country, the Prime Minister of India noted that the pandemic has shown that it is risky to have global supply chains dependent on a single source.

During the summit, the PM highlighted that India has been working with Australia and Japan for supply-chain resilience and diversification and other like minded-countries must also join the efforts.

• Danish Prime Minister, Mette Frederiksen also shared her viewpoint during the summit which reflected the similarity between the two nations. In her address, she noted that the summit marks for Denmark a milestone on the bilateral relations between the two nations and on our forward-looking agreement on green-strategic partnership. Danish PM added that the nation is proud that India looks at Denmark when it comes to climate change. 

PM Modi on the virtual summit with Denmark:

Prime Minister Narendra Modi noted that the virtual summit was not only useful for bilateral relations between India and Denmark but also in contributing the shared approach to the global challenges. 

He further added that he had a very productive meeting with Denmark's PM a few months back and they talked on increasing cooperation between the two nations in several areas. As per PM Modi, it is a matter of happiness that we have been giving new direction and speed to these intentions through the virtual summit.

Significance of bilateral summit between two nations:

As per the statement by the Ministry of External Affairs, the virtual bilateral summit will provide an opportunity to the leaders of India and Denmark to comprehensively review the broad framework of the bilateral relationship in the context of the time-tested friendly ties between two countries.

The virtual summit will also provide a broad political direction for a deepened and strengthened collaborative partnership on the key issues of mutual interest.

MoU Signed between two nations in the field of Intellectual Property Cooperation:

The Memorandum of Understanding (MoU) in the field of Intellectual Property Cooperation was signed between the Union Ministry of Commerce and Industry and Denmark's Danish Patent and Trademark Office on September 26, 2020.

It aims at increasing the  IP cooperation between India and Denmark by way of exchange of experiences and knowledge on IP awareness among the public, best practices, business and research, and educational institutions of both the nations. 

MoU also calls for collaboration in the exchange of experts, training programmes, outreach activities, and technical exchanges. 

India and Denmark: Collaboration of two nations in various fields

Bilateral trade in goods and services between both countries has grown by over 30%from 2.82 billion dollars in 2016 to 3.68 billion dollars in 2019.

About 200 Danish companies have also invested in India in different sectors which include renewable energy, shipping, agriculture, environment, smart urban development, and food processing.

Around 5,000 Indian professionals have been working in major Danish companies and 20 Indian IT companies which have been present in Denmark for decades. Around 30,000 Indian IT professionals have been developing the latest products and services in India for major Danish companies.

Major Danish companies have also set up their factories and manufacturing facilities in India under the ‘Make in India’ Scheme. They are also being used as export hubs.

India and Denmark have also been cooperating in fighting climate change by exporting enzymes, wind turbines, etc. Few of the Danish companies have also set up paddy the first waste-to-energy facilities in Haryana and Punjab to fight air pollution.

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