<p>Prime Minister Narendra Modi has invited Norway’s pension fund to invest in new sectors in India citing the complementarity of the economies of the two countries.</p>.<p>Modi, during a bilateral meeting with Norwegian Premier Erna Solberg here, underlined the Indian openness to foreign investment and also invited Norwegian companies to invest in India, a Norwegian government statement said.</p>.<p>Modi encouraged the Norwegian State Pension Fund Global to consider investing in new sectors in India, it said.</p>.<p>The Pension Fund had invested $11.7 billion in India at the end of 2017, an increase of 2.5 billion from 2016.</p>.<p>During their meeting here on Tuesday, the two leaders also agreed that the complementarity of the economies of the two countries offered huge scope for greater cooperation.</p>.<p>The areas of cooperation that were discussed included energy, green transport, environmental technologies, innovation, maritime and marine economies.</p>.<p>Modi and Solberg also discussed a joint action plan to achieve the United Nation’s Sustainable Development Goals.</p>.<p>Solberg underlined the importance of India succeeding if the world is to achieve the UN’s Sustainable Development Goals, the statement said.</p>.<p>Prime Minister Modi stressed that Norwegian and Nordic technologies and experiences could play a positive role in helping India achieve the goals, it said.</p>.<p>“Also the importance of the world taking decisive action to stop the environmental degradation of the oceans and to develop sustainable use of the vast resources of the ocean was a key topic of discussion,” the statement said.</p>.<p>The bilateral meeting was followed by an Indo-Nordic Summit where all the five Nordic prime ministers participated. </p>
<p>Prime Minister Narendra Modi has invited Norway’s pension fund to invest in new sectors in India citing the complementarity of the economies of the two countries.</p>.<p>Modi, during a bilateral meeting with Norwegian Premier Erna Solberg here, underlined the Indian openness to foreign investment and also invited Norwegian companies to invest in India, a Norwegian government statement said.</p>.<p>Modi encouraged the Norwegian State Pension Fund Global to consider investing in new sectors in India, it said.</p>.<p>The Pension Fund had invested $11.7 billion in India at the end of 2017, an increase of 2.5 billion from 2016.</p>.<p>During their meeting here on Tuesday, the two leaders also agreed that the complementarity of the economies of the two countries offered huge scope for greater cooperation.</p>.<p>The areas of cooperation that were discussed included energy, green transport, environmental technologies, innovation, maritime and marine economies.</p>.<p>Modi and Solberg also discussed a joint action plan to achieve the United Nation’s Sustainable Development Goals.</p>.<p>Solberg underlined the importance of India succeeding if the world is to achieve the UN’s Sustainable Development Goals, the statement said.</p>.<p>Prime Minister Modi stressed that Norwegian and Nordic technologies and experiences could play a positive role in helping India achieve the goals, it said.</p>.<p>“Also the importance of the world taking decisive action to stop the environmental degradation of the oceans and to develop sustainable use of the vast resources of the ocean was a key topic of discussion,” the statement said.</p>.<p>The bilateral meeting was followed by an Indo-Nordic Summit where all the five Nordic prime ministers participated. </p>