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India Denmark Relations: Political, Trade and Economic Relations

Context:  

The year 2024 will complete 75 years of diplomatic relations between India and Denmark

75 Years Of India Denmark Relations

  • India’s External Affairs Minister met the visiting Danish Foreign Minister at the sidelines of the Raisina Dialogue 2024 in New Delhi.
  • A joint logo was unveiled by the ministers to mark the 75 years of diplomatic ties between the nations. 
  • The two countries agreed to expand their partnership into new areas, including defence, security and new technology.
  • To explore the possibilities of a Danish contribution to the Indo-Pacific Oceans Initiative.
The Raisina Dialogue 

  • Origin: The name of the conference is derived from Raisina Hill, a New Delhi seat of the Government of India & the Presidential Palace, Rashtrapati Bhavan. 
  • It is an annual event and India’s flagship Geopolitics and Geoeconomics conference. The first Session was held in 2016.
  • Host: The Observer Research Foundation (ORF) and the Ministry of External Affairs,
  • Objective: To share unique perspectives, concerns, and experiences build consensus, and strengthen communities for our common future.

India Denmark Relations

  • India Denmark Relations: Political and Bilateral Ties

India Denmark Relations

    • Green Strategic Partnership: The relationship was elevated to the level of “Green Strategic Partnership” in 2020 
      • An  agreement was finalised for a mid-term review of the Green Strategic Partnership at the earliest in 2024. 
      • Agreed to work towards  a Comprehensive Green Strategic Partnership once the existing Joint Action Plan ends in 2026
    • Minister-level Consultations: Joint Commission Meeting at the Foreign Ministers’ level since 2008 and the Foreign Office Consultations at Secretary-level  provide the broad framework for bilateral consultations encompassing all areas of mutual interest.
    • Mobility  and Migration Agreement: A mobility and migration partnership agreement was signed  to explore the recruitment of Indian healthcare professionals for employment in Denmark.
  • India Denmark Relations: Commercial and Economic Relations

    • Trade: The total volume of bilateral trade in goods and services between India and Denmark rose to around USD 6.64 billion in 2022, registering a CAGR of around 33.87% yearly.
    • Indian Exports: Textiles, apparel and yarns related, vehicles and components, metal goods, iron and steel, leather and footwear, and travel goods.
    • Indian Imports: Medicinal/pharmaceutical products, power generating machinery, industrial machinery, metal waste and ore, and organic chemical
  • Indian Diaspora: The size of the Indian community in Denmark, inclusive of both NRIs and PIOs is approx 18,492.
Also Read: Raisina Dialogue 2024: Background, Date, and Theme

News source: News on AIR

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 Final Result – CIVIL SERVICES EXAMINATION, 2023.   Udaan-Prelims Wallah ( Static ) booklets 2024 released both in english and hindi : Download from Here!     Download UPSC Mains 2023 Question Papers PDF  Free Initiative links -1) Download Prahaar 3.0 for Mains Current Affairs PDF both in English and Hindi 2) Daily Main Answer Writing  , 3) Daily Current Affairs , Editorial Analysis and quiz ,  4) PDF Downloads  UPSC Prelims 2023 Trend Analysis cut-off and answer key

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 Final Result – CIVIL SERVICES EXAMINATION, 2023.   Udaan-Prelims Wallah ( Static ) booklets 2024 released both in english and hindi : Download from Here!     Download UPSC Mains 2023 Question Papers PDF  Free Initiative links -1) Download Prahaar 3.0 for Mains Current Affairs PDF both in English and Hindi 2) Daily Main Answer Writing  , 3) Daily Current Affairs , Editorial Analysis and quiz ,  4) PDF Downloads  UPSC Prelims 2023 Trend Analysis cut-off and answer key

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AVAILABLE FOR DOWNLOAD SOON
UDAAN PRELIMS WALLAH
Comprehensive coverage with a concise format
Integration of PYQ within the booklet
Designed as per recent trends of Prelims questions
हिंदी में भी उपलब्ध
Quick Revise Now !
UDAAN PRELIMS WALLAH
Comprehensive coverage with a concise format
Integration of PYQ within the booklet
Designed as per recent trends of Prelims questions
हिंदी में भी उपलब्ध

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