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24th February 2024 (9 Topics)

The NB8 visit to India focuses on cooperation and trust

Context:

The participation of the Nordic-Baltic countries in the Raisina Dialogue and their joint message emphasizing trust, dialogue, and cooperation highlights the growing importance of multilateralism and collaboration in addressing global challenges.

Growing Cooperation Among Nordic-Baltic Countries:

  • Cooperation in global affairs:The Nordic-Baltic countries, including Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, and Sweden, are jointly participating in the Raisina Dialogue in New Delhi to emphasize the importance of trust, dialogue, and cooperation in global affairs.
  • Significant portion:These countries share deep historical, social, economic, and cultural ties, and their advanced economies are integrated into the European Common Market, collectively constituting a significant portion of the global economy.
  • Shared commitments:The Nordic-Baltic cooperation with India spans various fields such as innovation, green transition, health, and trade, highlighting the shared commitment to democracy, human rights, and multilateralism.

Challenges and Security Concerns in the Indo-Pacific Region:

  • Interconnectedness:Geopolitical shifts underscore the interconnectedness of security in the Nordic-Baltic region and the Indo-Pacific, emphasizing the need for collaboration to address traditional and non-traditional security threats.
  • Urgency of upholding international law:The impact of Russia's illegal war against Ukraine on global food and energy security, supply chains, and stability underscores the urgency of upholding international law and sovereignty principles.
  • Significance of multilateral efforts: Ukraine's peace formula, supported by the international community, presents a diplomatic opportunity for a comprehensive and just resolution to the conflict, emphasizing the importance of multilateral efforts for peace and stability.

Enhanced Partnership with India:

  • Deepening cooperation: The NB8 delegation's visit to India marks a significant step in deepening cooperation and dialogue on shared global challenges, reflecting a commitment to partnership, trust, and cooperation.
  • Collaboration:Collaboration with India spans various domains, including development, green transition, digitalization, and peace-building, highlighting the mutual interest in fostering peace, stability, and prosperity.
  • Importance of multilateralism: Participation in the Raisina Dialogue underscores the commitment of Nordic-Baltic countries to strengthening partnerships and promoting dialogue on global issues, reaffirming the importance of multilateralism and international cooperation.
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