Prime Minister’s meeting with Prime Minister of Iceland on the margins of the 3rd India-Nordic Summit

1. At a Glance

2. Why in the News

3. Background & Evolution

4. Core Static Facts

5. Multi-Dimensional Analysis

Economic / Trade - TEPA is the investment-linked FTA: legally binding USD 100 bn FDI commitment from EFTA into India over 15 years and 1 million direct jobs — Iceland a co-guarantor [S7]. - Iceland's strengths: geothermal energy, fisheries, marine tech, green hydrogen — complementary to India's energy transition basket [S8].

Geopolitical / Strategic - Reinforces India's Arctic Policy (2022) outreach; Iceland chairs/participates in the Arctic Council [S8]. - Nordic engagement diversifies India's Europe portfolio beyond EU-27, balancing the in-negotiation India-EU FTA [S4].

Scientific / Technological - Cooperation areas flagged across the Nordic summit: digitalisation, green transition, blue economy, AI, semiconductors — Iceland's renewable-energy data-centre ecosystem is relevant [S2][S4].

Environmental - Iceland's 100% renewable electricity grid (hydro + geothermal) positions it as a partner for India's green hydrogen and geothermal R&D ambitions [S8].

6. Recent Developments (last 12-18 months)

7. Prelims Hooks

8. Mains Relevance

9. Related Topics to Study Next

10. Common Errors / Trap Areas

11. Sources

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