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Media Release > Indian clean technologies shakes hand with Europe, trade ties with Finland

According to sources, Finland is looking towards strengthening trade and investments with India in clean technology, healthcare and design and is likely to hold discussions on WTO and world trade, road network and investment climate in India.

Finnish Foreign Trade Minister Alexander Stubb, who was in India with a high powered delegation of around 30 Finnish companies, meet Minister of Commerce and Industries Anand Sharma and others to promote exports and internationalization of Finnish companies.

"My counterpart is Anand Sharma and we will be probably discussing WTO and world trade. If I get a chance to meet the Minister of Finance, we will probably talk about investment climate in India - what is working and what it not” Stubb told PTI.

Talking about his visit to India, he said it was a broad visit. "We are approximately 20 Finnish companies from clean tech, design, healthcare and traditional metal and mining sector," he said.

He maintained that clean tech is basically for environment and for him it is use of clean technology and clean use of natural resources and there are 26 Finish companies working in the clean technology sector in India.

Stubb is accompanied by representatives from energy and environmental technology, mining, metals and construction industry, information technology, health and well-being services and financing.

The purpose of the visit is to strengthen the image of Finland as a country with a high level of competence and an attractive target for investments, as well as to promote business opportunities of Finnish companies in India.

According to the agreement State-run explorer Oil and Natural Gas Company (ONGC) and Finnish clean technology firm Chempolis will set up a pilot project to produce ethanol, bio-chemicals and bio-coal from biomass residual matters.




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