**Executive Summary**
This document outlines the outcomes of the State Visit of the President of Finland to India from 4-7 March 2026. Key agreements include elevating India-Finland relations to a Strategic Partnership in Digitalization and Sustainability and establishing Joint Working Groups on these areas. The visit also addressed trade, security, and multilateral cooperation.
**Key Points / Main Content**
* **Bilateral Relations and Strategic Partnership**
* Affirmed deep friendship based on mutual respect, democracy, rule of law, global peace, and security.
* Reiterated commitment to a rules-based international order and multilateral cooperation with the UN at its core.
* Agreed to elevate India-Finland relations to a Strategic Partnership in Digitalization and Sustainability.
* **Trade and Investment**
* Called upon businesses to leverage opportunities from the India-EU Free Trade Agreement (FTA).
* Aimed to double the value of India-Finland trade by 2030.
* Expressed confidence that business summits and CEO interactions would enhance trade and investment ties.
* Welcomed growing startup collaboration and initiatives like the Indo-Finland Startup Corridor.
* **Digitalization**
* Identified digital transformation, including emerging technologies like 5G, 6G, and AI, as priority areas for collaboration.
* Noted India's experience in Digital Public Infrastructure, including UPI, and discussed cooperation.
* Requested the establishment of a cross-sectoral Joint Working Group on Digitalization to define priorities and actions.
* Acknowledged the contribution of Indian professionals to Finland's R&D and tech ecosystems.
* Noted Joint Calls for RDI funding for joint initiatives in semiconductors, 6G, and energy systems.
* Welcomed exploration of RDI collaboration on AI and High-Performance Computing.
* Highlighted Space tech as an emerging area for collaboration.
* **Sustainability**
* Underlined the potential in advancing clean energy solutions (low carbon transition, energy efficiency, biofuels, smart grids, green hydrogen).
* Highlighted cooperation in circular economy, sustainable water management, and meteorology.
* Welcomed the establishment of a Joint Working Group on Sustainability.
* Underscored the importance of implementing the Memorandum of Understanding on Cooperation in Renewable Energy.
* Acknowledged the renewal of the Memorandum of Understanding on Environmental Cooperation and collaboration under the Leadership Group for Industry Transition (LeadIT).
* Agreed to explore cooperation in promoting resilient, reliable, and sustainable smart grid systems.
* Appreciated India hosting the World Circular Economy Forum in late 2026.
* Noted cooperation in aerosol monitoring and air quality forecasting, and the establishment of a Virtual Research Center between FMI and IIT Madras.
* Noted the exchange of experiences on Land Stack, an integrated GIS-based digital platform.
* Welcomed the signing of an MoU on fostering cooperation in Official Statistics.
* **Mobility, Education, and People-to-People Contacts**
* Recognized the importance of people-to-people contacts for economic prosperity and mutual understanding.
* Hailed the signing of a Memorandum of Understanding on Migration and Mobility Partnership.
* Endorsed the Joint Statement from the High-Level Dialogue on Cooperation in Education.
* Highlighted discussions on a bilateral audiovisual co-production agreement for the film and gaming industries.
* **India-EU Relations**
* Welcomed the new India-EU Comprehensive Strategic Agenda.
* Underlined that the India-EU FTA takes relations to a new level, offering economic benefits and enhancing security and resilience.
* Reaffirmed support for the India-EU Trade and Technology Council.
* Underscored the signing of the India-EU Security and Defense Partnership.
* Lauded the signing of the MoU on Comprehensive Framework of Cooperation on Mobility and the launch of the European Union Legal Gateway Office in India.
* **Multilateral Cooperation**
* Emphasized the importance of a comprehensive reform of the UN Security Council and reiterated Finland's support for India's permanent membership.
* Underscored the role of cooperation within the UN to safeguard multilateralism and uphold a rules-based international order.
* Agreed to continue constructive cooperation in multilateral fora.
* Reiterated commitment to promoting a free, open, peaceful, and prosperous Indo-Pacific.
* Welcomed Finland to join the Indo-Pacific Oceans Initiative.
* Reaffirmed commitment to strengthening cooperation and dialogue on Arctic matters.
* Unequivocally condemned terrorism and violent extremism.
* Agreed to enhance cooperation to counter violent radicalization, extremism, and terrorist financing.
* Condemned the terrorist attack in Pahalgam on 22 April 2025 and the terror incident near Red Fort on 10 November 2025.
* Agreed to continue to support efforts towards a comprehensive, just, and lasting peace in Ukraine through dialogue and diplomacy.
* **Conclusion**
* Asked respective Working Groups on Digitalization and Sustainability to develop an Action Plan.
* Expressed appreciation for the dialogue and cooperation.
* Agreed to continue interaction with a solid foundation of mutual respect and collaboration.
* President Stubb invited Prime Minister Modi to visit Finland, an invitation accepted by Prime Minister Modi.
**Impact Analysis**
**Stakeholder: Government of India**
* **Impact:** Strengthened bilateral ties with Finland, expanded cooperation in key sectors like digitalization and sustainability, and progressed on trade and investment goals. Enhanced role in multilateral forums and security discussions.
* **Action Required:** Implement agreements, including establishing Joint Working Groups and executing MoUs. Continue engagement with Finland on shared priorities.
**Stakeholder: Government of Finland**
* **Impact:** Enhanced strategic partnership with India, increased opportunities for Finnish businesses and researchers in digitalization and sustainability, and strengthened collaboration on global issues.
* **Action Required:** Implement agreements, including establishing Joint Working Groups and executing MoUs. Continue engagement with India on shared priorities.
**Stakeholder: Business Communities (India and Finland)**
* **Impact:** Potential for increased trade, investment, and business opportunities, particularly through the India-EU FTA and sector-specific initiatives. Enhanced collaboration in startups and technology.
* **Action Required:** Leverage opportunities presented by the India-EU FTA. Actively participate in business summits and CEO interactions. Explore and engage in startup collaboration initiatives.
**Stakeholder: Relevant Ministries and Departments (India and Finland)**
* **Impact:** Mandated to establish and operate Joint Working Groups on Digitalization and Sustainability. Responsible for developing action plans and reporting on progress.
* **Action Required:** Establish and operationalize the Joint Working Groups. Define priorities and develop concrete action plans. Report progress to respective Ministries of Foreign Affairs.
**Stakeholder: Researchers and Academic Institutions (India and Finland)**
* **Impact:** Increased opportunities for joint research initiatives, academic exchanges, and capacity-building programs, particularly in areas like RDI for semiconductors, 6G, energy systems, AI, and advanced computing.
* **Action Required:** Actively participate in joint calls for RDI funding. Engage in research collaborations and academic exchanges facilitated by new initiatives.
**Stakeholder: Multilateral Organizations (e.g., UN)**
* **Impact:** Reaffirmed commitment to UN principles and reforms, including Finland's support for India's permanent membership in a reformed UNSC. Continued cooperation on peace, security, and sustainable development.
* **Action Required:** Continue to uphold multilateralism and the rules-based international order. Support mutual candidacies and nominations in international bodies.
**Stakeholder: Citizens (India and Finland)**
* **Impact:** Potential for economic growth and improved livelihoods through enhanced trade and investment. Increased opportunities for skilled workers, students, and professionals through the Mobility and Migration Partnership.
* **Action Required:** The document does not specify direct actions for individual citizens. However, they may benefit from the outcomes of the bilateral cooperation.
Key Entities Referenced
India – Finland Joint Statement on the State Visit of President of the Republic of Finland: The primary document outlining the outcomes and agreements of the state visit.
India-EU Summit on 27 January 2026: Referenced agreement with significant implications for India-EU and India-Finland relations.
India-Finland Strategic Partnership in Digitalization and Sustainability: Key initiative that frames future cooperation between the two nations.
Joint Working Group on Digitalization: Established body to define priorities and actions for digital cooperation.
Joint Working Group on Sustainability: Established body to enhance collaboration on sustainability-related issues.
Prime Minister's Office
India – Finland Joint Statement on the State Visit
of President of the Republic of Finland
Posted On: 05 MAR 2026 8:03PM by PIB Delhi
At the invitation of the Hon'ble Prime Minister of India, Shri Narendra Modi, President of the Republic of
Finland, H.E. Dr. Alexander Stubb, is on a State Visit to India from 4-7 March 2026. President Stubb, who
is on his first visit to India in his present capacity, is visiting New Delhi and Mumbai and is accompanied
by Ms. Sari Multala, Minister of Climate and the Environment of Finland, Mr. Matias Marttinen, Minister
of Employment of Finland, and a high-level delegation comprising of officials and business leaders. Prime
Minister Modi inaugurated the 11th edition of the Raisina Dialogue on 5 March 2026 in New Delhi with
President Stubb as the Chief Guest delivering the Inaugural Keynote Address. President Stubb’s visit
follows the visit of H.E. Mr. Petteri Orpo, Prime Minister of the Republic of Finland for the AI Impact
Summit in February 2026.
On 5 March 2026, President Stubb was warmly welcomed by Hon’ble President of India Smt. Droupadi
Murmu at Rashtrapati Bhavan. Prime Minister Modi and President Stubb held wide-ranging discussions
during a bilateral meeting, and jointly addressed the media. Prime Minister Modi also hosted a luncheon
in honour of the visiting dignitary.
The President of Finland congratulated India for successfully hosting the AI Impact Summit 2026. Both
Leaders shared the view that working towards safe, trustworthy, and inclusive development of AI is of
paramount importance.
The Leaders affirmed the deep and enduring friendship between India and Finland, built on a foundation
of mutual respect and the values of democracy and rule of law, as well as commitment to global peace,
security, and international law.
The Prime Minister of India and the President of Finland reiterated their commitment to the rules-based
international order and multilateral cooperation, with the UN at its core.
The Leaders underlined the importance of redoubling efforts to reach the Sustainable Development Goals,
and the importance of global cooperation against the challenges of climate change and loss of biodiversity.
Welcoming the landmark Free Trade Agreement between India and the European Union concluded in the
India-EU Summit on 27 January 2026, the Leaders acknowledged the immense and mutually beneficial
opportunities for both parties of increased trade and investments, including for the India-Finland bilateral
relationship.
Building on the momentum provided by the India-Finland Virtual Summit on 16 March 2021 and the
meetings of the Prime Ministers of both countries in the margins of two editions of India-Nordic Summitin 2018 and 2022 in Stockholm and Copenhagen respectively, as well as during the AI Impact Summit in
February 2026, the Leaders emphasized their shared commitment to continue expanding and deepening
the cooperation between the two nations. In this spirit, the leaders agreed to elevate the India-Finland
relations to a Strategic Partnership in Digitalization and Sustainability, based on converging interests and
mutual benefits.
Trade and Investment
The Prime Minister of India and the President of Finland called upon the business community to make use
of the vast opportunities unleashed by the landmark India-EU FTA. In this context, The Leaders agreed
that the aim should be to double the value of current trade between India and Finland by 2030.
The Leaders took note of the lively interactions between the respective business communities, reflected by
the large business delegation visiting India together with the Finnish President, as well as the companies
that joined the Finnish Prime Minister in February in connection with the AI Impact Summit in New
Delhi. Both leaders expressed confidence that the India-Finland Business Summit and CEOs interaction
scheduled to take place in Mumbai on 7 March would help pave the way for enhancing trade, technology
collaboration and investments ties.
The Leaders welcomed the growing startup collaboration, manifested by the active participation of
innovative Indian startups in Slush in Helsinki and Finnish startups in Startup Mahakumbh in New Delhi,
as well as initiatives such as the Indo-Finland Startup Corridor.
Digitalization
Recognizing the transformative power of digitalization as a key driver of inclusive social and economic
development, the Leaders identified digital transformation, including new and emerging technologies such
as 5G, 6G, high-performance and quantum computing and Artificial Intelligence, as priority areas where
collaboration based on mutual trust and benefit can be strengthened. The Leaders noted India’s experience
in Digital Public Infrastructure, including digital payments such as the Unified Payments Interface (UPI),
and discussed possibilities for cooperation in this area.
Against this backdrop, the Leaders asked the relevant ministries to establish a cross-sectoral Joint Working
Group on Digitalization to define priorities and foster work on concrete and substantial actions driving the
digital transition.
The Finnish President emphasized the positive impact of the considerable number of Indian professionals
in the Finnish R&D and tech innovation ecosystems, contributing to social and economic development by
means of digital transition and sustainability for the benefit of all.
The Leaders noted with satisfaction the Joint Calls by the Indian Department of Science and Technology
and Business Finland to provide RDI funding for joint initiatives of Indian and Finnish companies and
research organizations with focus on semiconductors, 6G, and energy systems. They also took note of the
cooperation framework between Bharat 6G Alliance and the University of Oulu, Finland, welcoming all
efforts to further strengthen bilateral collaboration on 6G.
Furthermore, the Leaders welcomed the work between the Indian Ministry of Electronics and Information
Technology and Business Finland to further explore avenues of RDI collaboration with special focus on
AI, noting also the discussions between the Indian Centre for Development of Advanced Computing andthe Finnish IT Centre for Science with respect to High-Performance Computing.
In the field of advanced technology, the Leaders also highlighted Space tech as an emerging area of
collaboration with considerable future potential and active private sector engagement between Indian and
Finnish players.
Sustainability
On sustainability, both Leaders underlined the great potential in advancing clean energy solutions, notably
in areas such as low carbon transition, energy efficiency, biofuels, smart grids, and green hydrogen. In
addition, they highlighted the importance of cooperation in circular economy, sustainable water
management and meteorology.
To this end, the Leaders welcomed the establishment of a Joint Working Group on Sustainability, bringing
together relevant actors from both countries to enhance collaboration on sustainability-related issues.
Moreover, the Leaders underscored the importance of implementing the Memorandum of Understanding
on Cooperation in the field of Renewable Energy, encompassing many key areas of collaboration that
contribute to sustainability, including bioenergy and waste-to-energy solutions, power storage and flexible
RE systems, green hydrogen, as well as wind, solar and small hydro power.
They acknowledged the renewal of the Memorandum of Understanding on Environmental Cooperation,
and collaboration under the Leadership Group for Industry Transition (LeadIT) and encouraged the parties
to advance the deeper collaboration in circular economy, climate action, and sustainability.
Both sides acknowledged that the rapid deployment of Smart Energy solutions, including Advanced
Metering Infrastructure (AMI) and other digital grid technologies, has enhanced efficiency while
increasing cybersecurity risks to critical power infrastructure. They agreed to explore future areas of
cooperation in promoting resilient, reliable and sustainable smart grid systems.
The Finnish President extended his appreciation to India for hosting the next World Circular Economy
Forum in the later part of 2026, a Finnish initiative providing a platform to enhance circular economy
solutions and bring together leading expertise in the search for new collaborative initiatives.
The Prime Minister of India acknowledged Finland’s active role in bringing together Indian, Finnish and
other Nordic stakeholders in the framework of the Indo-Nordic Water Forum, promoting new
collaborations and best practices in water resources management and wastewater management for circular
economy solutions.
With respect to meteorological collaboration, the Leaders underscored the ongoing cooperation in aerosol
monitoring and air quality forecasting between the Finnish Meteorological Institute (FMI) and the Indian
Meteorological Department (IMD). They welcomed the work to establish a Virtual Research Center
between FMI and the Indian Institute of Technology Madras (IITM), also taking note of the already
ongoing FMI-IITM research collaboration with multilateral projects exceeding a total value of Euros 11
million.
The Leaders also took note of the exchange of experiences between the Indian Ministry of Rural
Development and the National Land Survey of Finland and the Finnish Environment Institute, cities, and
companies about Land Stack, an integrated GIS based digital platform of land and property information.The Leaders welcomed the signing of Memorandum of Understanding on fostering cooperation in the
field of Official Statistics which provides a framework for exchange of best practices, methodologies, and
technical expertise in the area of official statistics.
Mobility, education, and people-to-people contacts
The Prime Minister of India and the President of Finland recognized the importance of people-to-people
contacts in all fields, including skilled workers, specialists and young professionals, researchers and
students, businesspersons, and academics, thereby nurturing economic prosperity, contributing to a rich
social fabric, and enhancing mutual understanding.
In this context, the Leaders hailed the signing of a Memorandum of Understanding on Migration and
Mobility Partnership, laying the frameworks for smooth, orderly, and mutually beneficial mobility for the
years to come. Both sides agreed to take the steps required for the implementation of the MoU in a
comprehensive and coordinated manner, that serves both India’s and Finland’s prosperity and economic
growth. The Leaders also acknowledged the contacts between the respective Foreign Ministries, looking
into possibilities of establishing bilateral dialogue on consular matters.
The Leaders took note of the Joint Statement endorsed by the High-Level Dialogue on Cooperation in
Education (31 January 2024) and encouraged the relevant parties to accelerate their joint efforts to
advance the common agenda, focusing on the agreed areas of secondary education, higher education, skill
development, and student mobility.
In this context, they noted the growing interest in India towards the Finnish education system, the
increasing cooperation in teacher training, as well as early childhood education institutions and schools
that are being set up according to the Finnish model, as concrete expressions of the stakeholders’ shared
will and commitment to continue developing the collaboration on education.
Furthermore, the Leaders highlighted the discussions on a bilateral audiovisual co-production agreement
that will provide a solid frame to enhance cooperation in the film and gaming industries.
India-EU-relations
Both Leaders welcomed the new Joint India-EU Comprehensive Strategic Agenda, endorsed in the India-
EU Summit on 27 January 2026, based on shared values and principles, mutual trust, converging interests,
and shared political will. They agreed that India and the EU can be stable, predictable, and trusted
partners, building a multifaceted and deepening long-term relationship with many positive outcomes for
both sides.
The Leaders underlined that the conclusion of Free Trade Agreement takes the India-EU relations to a new
level. In addition to clear economic benefits by enhancing market access and removing trade barriers, both
Leaders noted that the FTA could support economic security and resilience through diversifying critical
value chains and opening new markets.
As a platform to address key trade, technology, and economic security issues, the Leaders reaffirmed their
support to further enhance the work of the India-EU Trade and Technology Council as the cornerstone of
the India-EU technology partnership.The Prime Minister of India and the President of Finland underscored that the signing of India-EU
Security and Defense Partnership added another meaningful dimension to the India-EU Strategic
Partnership that will deepen co-operation in areas of shared interests, including maritime security, defense
industry, cyber and hybrid threats, space, as well as counter-terrorism.
The leaders lauded the signing of the MoU on Comprehensive Framework of Cooperation on Mobility and
the launch of pilot European Union Legal Gateway Office in India.
Multilateral cooperation
The Leaders recognized the need to reform the UN system. In this context, they emphasized the
importance of a comprehensive reform of the UN Security Council to make it more efficient,
representative, inclusive, and reflective of contemporary geopolitical realities. The President of Finland
reiterated Finland’s support for the permanent membership of India in a reformed UNSC.
The leaders underscored the vital role of cooperation within the United Nations and other international
bodies to safeguard multilateralism and uphold a rules-based international order, including supporting
mutual candidacies and nominations.
Both sides agreed to continue their constructive cooperation in multilateral fora, including on peace and
security, human rights, sustainable development as well as climate change and biodiversity.
The Leaders reiterated their shared commitment to promoting a free, open, peaceful and prosperous
Indo-Pacific, in accordance with international law, including the UNCLOS. In this context, India
welcomed Finland to join the Indo-Pacific Oceans Initiative.
Both leaders reaffirmed their commitment to further strengthening cooperation and dialogue on Arctic
matters, including through joint research initiatives, academic exchanges, and capacity-building
programmes. They took note of the first India–Finland Arctic Dialogue titled "The Himalayan and Arctic
Ecosystems: India–Finland Partnership for a Sustainable Future” held in January 2026 in Rovaniemi,
Finland, which brought together parliamentarians, government officials, academics and experts to
deliberate on strategies and pathways for deepening collaboration on Arctic matters. Both leaders also
underscored the importance of advancing cooperation in the structures of the Arctic Council, and within
the broader framework of the India-Nordic Summit.
Both leaders unequivocally and strongly condemned terrorism and violent extremism in all its forms and
manifestations, including cross-border terrorism. They called for decisive and concerted international
efforts to combat terrorism in a comprehensive and sustained manner and in accordance with international
law. They agreed to enhance cooperation to counter violent radicalization and extremism, combat
financing of terrorism, promote internationally agreed anti-money laundering standards, prevent
exploitation of new and emerging technologies for terrorist purposes, and tackle terrorist recruitment. The
leaders reaffirmed strong commitment to continue taking active measures to disrupt the terror financing
channels including at the UN and FATF. They condemned in the strongest terms the terrorist attack in
Pahalgam, Jammu and Kashmir on 22 April 2025 and the terror incident near Red Fort, New Delhi on 10
November 2025.
Both Leaders agreed to continue to support efforts towards the achievement of a comprehensive, just, and
lasting peace in Ukraine through dialogue and diplomacy, based on the principles of the UN Charter and
international law, including independence, sovereignty, and territorial integrity.Conclusion
To take forward the cooperation under the India-Finland Strategic Partnership in Digitalization and
Sustainability, the Leaders asked the respective Working Groups on Digitalization and Sustainability to
develop a future-oriented and concrete Action Plan, including definition of priority areas and related
actions, and report back to the Ministry for Foreign Affairs of the Republic of Finland and the Ministry of
External Affairs of the Republic of India on the progress achieved.
The President of Finland thanked the Prime Minister of India for the excellent arrangements during his
state visit, and both Leaders expressed their appreciation of the open and constructive dialogue, and the
forward-reaching and evolving cooperation. They agreed to continue their interaction with a solid
foundation in a shared spirit of mutual respect and collaboration. President Stubb invited Prime Minister
Modi to pay a visit to Finland, and Prime Minister Modi accepted the invitation.
****
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