**Executive Summary**
This document is an English translation of a press statement made by the Prime Minister of India during a joint press statement with the President of Finland. The statement outlines the strengthening of India-Finland relations, including a new Strategic Partnership in Digitalisation and Sustainability, and a comprehensive Migration and Mobility Agreement. Key dates mentioned include the conclusion of the India-European Union Free Trade Agreement at the beginning of 2026.
**Key Points / Main Content**
* **India-Finland Relations and Cooperation:**
* India and Finland are entering a "golden phase" in their relationship, enhancing global stability, development, and shared prosperity.
* The India-European Union Free Trade Agreement, concluded at the beginning of 2026, aims to strengthen trade, investment, and technology cooperation.
* Finland is an important partner in digital technology, infrastructure, and sustainability.
* Joint projects include the world's highest railway bridge over the Chenab River and the world's largest bamboo-to-bioethanol refinery in Numaligarh.
* A Strategic Partnership in Digitalisation and Sustainability is being elevated, focusing on high-technology sectors such as Artificial Intelligence, 6G telecommunications, clean energy, and quantum computing.
* Cooperation will deepen in defence, space, semiconductors, and critical minerals, fostering trustworthy technologies and resilient supply chains.
* Finland is a preferred destination for Indian students and talent.
* A comprehensive Migration and Mobility Agreement has been concluded.
* Joint research and start-up collaboration will be strengthened.
* Cooperation in education will be enhanced, including teacher training and school-to-school partnerships.
* India and Finland will enhance cooperation in Arctic and Polar research.
* India and Finland will jointly host the World Circular Economy Forum in India this year.
* **Global and Diplomatic Stance:**
* Both nations believe in the rule of law, dialogue, and diplomacy, agreeing that military conflict is not a sole solution to resolving issues.
* They will continue to support efforts towards ending conflicts and restoring peace in regions like Ukraine and West Asia.
* There is a shared view on the urgency of reforming global institutions to address global challenges.
* Eliminating terrorism in all its forms remains a shared commitment.
**Impact Analysis**
**Stakeholders:** India and Finland
* **Impact:** Enhanced bilateral relations, increased cooperation in various high-technology sectors, defense, space, semiconductors, and critical minerals. Strengthened trade and investment ties. Improved educational and research collaboration. Joint efforts towards sustainability and global peace.
* **Action Required:** No specific actions are detailed for these stakeholders within the document; the document describes ongoing and future cooperative initiatives.
**Stakeholders:** Indian Students and Talent
* **Impact:** Finland is becoming a more preferred destination, facilitated by a new Migration and Mobility Agreement. Opportunities for enhanced innovation ecosystem connections.
* **Action Required:** Students and talent can explore opportunities for study and work in Finland under the new agreements.
**Stakeholders:** Businesses and Investors (India and Finland)
* **Impact:** Strengthened trade, investment, and technology cooperation due to the India-European Union Free Trade Agreement and the Strategic Partnership. Opportunities in sectors like digital technology, infrastructure, sustainability, defence, space, semiconductors, and critical minerals.
* **Action Required:** Businesses and investors can leverage the enhanced agreements for expanded opportunities and collaborations.
**Stakeholders:** Global Community
* **Impact:** Contribution to global stability, development, and shared prosperity. Promotion of trustworthy technologies and resilient supply chains. Efforts towards resolving global challenges and promoting peace.
* **Action Required:** The document does not specify actions for the global community, but highlights shared goals and commitments.
Key Entities Referenced
India-European Union Free Trade Agreement: A historic agreement concluded at the beginning of 2026 that aims to strengthen trade, investment, and technology cooperation between India and Finland.
Strategic Partnership in Digitalisation and Sustainability: An elevated India-Finland partnership focused on high-technology sectors like AI, 6G telecommunications, clean energy, and quantum computing, as well as deepening collaboration in defense, space, semiconductors, and critical minerals.
Migration and Mobility Agreement with Finland: A comprehensive agreement concluded to connect the innovation ecosystems of India and Finland and facilitate the movement of students and talent.
World Circular Economy Forum in India: An event to be hosted by India and Finland, aimed at promoting sustainability and generating new ideas.
Raisina Dialogue: An annual conference where the President of Finland is the Chief Guest, highlighting the importance of his visit.
Prime Minister's Office
English Translation of Prime Minister's Press
Statement during the Joint Press Statement with
President of Finland
Posted On: 05 MAR 2026 2:12PM by PIB Delhi
Your Excellency, President Stubb,
Distinguished delegates of both countries,
Friends from the media,
Greetings!
Terve!
I extend a warm welcome to President Stubb on his first visit to India as the President of Finland.
President Stubb is not only a distinguished global leader, but also a respected thinker and author.
Excellency, it is a matter of great honour and pleasure for us that an experienced and dynamic leader like
you is the Chief Guest at this year’s Raisina Dialogue.
Friends,
Today, the world is passing through a phase of instability and uncertainty. From Ukraine to West Asia,
several parts of the world continue to face situations of conflict. In such a global environment, India and
Europe, two major diplomatic powers of the world, are entering a golden phase in their relationship. Our
growing cooperation is imparting new strength to global stability, development, and shared prosperity.
Friends,
At the beginning of 2026, the historic India-European Union Free Trade Agreement was concluded. This
agreement will further strengthen trade, investment, and technology cooperation between India and
Finland. In areas such as digital technology, infrastructure, and sustainability, India and Finland are
important partners.
Nokia mobile phones and telecom networks have connected millions of people across India. With the
cooperation of Finnish architects, we have built the world’s highest railway bridge over the Chenab River.
With Finland’s partnership, we have also established the world’s largest bamboo-to-bioethanol refinery in
Numaligarh.
Friends,Inspired by such important examples, during President Stubb’s visit we are elevating India-Finland
relations to a Strategic Partnership in Digitalisation and Sustainability. This partnership will provide
momentum and new energy to our cooperation across several high-technology sectors, from Artificial
Intelligence to 6G telecommunications, and from clean energy to quantum computing.
At the same time, our partnership will deepen further in key sectors such as defence, space,
semiconductors, and critical minerals. This Strategic Partnership between democratic and responsible
nations like India and Finland will contribute to ensuring trustworthy technologies and resilient supply
chains for the entire world.
Friends,
Finland is increasingly becoming a preferred destination for Indian students and talent. To connect the
innovation ecosystems of our two countries, today we have concluded a comprehensive Migration and
Mobility Agreement with Finland.
Along with this, we will further strengthen joint research and start-up collaboration. Finland is a role
model in the field of education. Today, we have also agreed to enhance cooperation in teacher training,
school-to-school partnerships, and research on the future of education.
In other words, from schools to industry, we are set to deepen our cooperation across every level of human
development.
Friends,
Finland is an important partner for India in the Nordic region. Together with Finland, we are also
enhancing our cooperation in Arctic and Polar research.
A healthy planet is our shared priority. We are pleased that this year, together with Finland, we will host
the World Circular Economy Forum in India. This will impart new momentum and fresh ideas to our
efforts towards sustainability.
Friends,
India and Finland both believe in the rule of law, dialogue, and diplomacy. We are in agreement that no
issue can be resolved solely through military conflict. Whether in Ukraine or in West Asia, we will
continue to support every effort aimed at the early end of conflict and the restoration of peace.
We also share the view that reform of global institutions is not only necessary, but urgent in order to
address the growing global challenges. Furthermore, eliminating terrorism in all its forms remains our
shared commitment.
Your Excellency,
You have completed the Ironman Triathlon. We are confident that together with an energetic leader like
you, we will also achieve a new triathlon of innovation, digitalisation, and sustainability between India
and Finland.
Let us begin a new golden chapter in this futuristic partnership between India and Finland.Thank you very much.
DISCLAIMER: This is the approximate translation of Prime Minister's address. Original address
was delivered in Hindi.
****
MJPS/ST
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