# Sweden's Prime Minister Ulf Kristersson expressed confidence that trade and investment ties between India and Sweden could double within five years.

*business · news · 2026-05-18 · The Tribune*

## Key points

- Swedish PM Kristersson stated India-Sweden trade and investments could double within five years.
- Kristersson revealed Sweden expects 23,000 new jobs from the India-EU free trade agreement.
- The India-EU Free Trade Agreement was recently concluded, credited to Modi and von der Leyen.
- Norway's Government Pension Fund Global already has $28 billion invested in Indian markets.

**Companies:** Volvo Group
**Countries:** Sweden, India, Norway

[Read the full story on The Tribune](https://www.tribuneindia.com/news/world/our-free-trade-agreement-is-beginning-of-a-new-journey-swedish-pm-kristersson-on-india-eu-fta/)

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