Nirmala Sitharaman Meets Finnish Delegation to Celebrate 75 Years of India-Finland Relations
New Delhi [India], September 10: Union Finance and Corporate Affairs Minister Nirmala Sitharaman met with members of the Finnish Parliamentary delegation from the Commerce Committee on Tuesday. The delegation was led by Sakari Puisto, MP, and Chairman of the Commerce Committee.
The Finance Ministry highlighted the significance of this meeting, which marks the 75th anniversary of India-Finland Diplomatic Relations. Both sides discussed ways to strengthen the bilateral partnership through enhanced trade, investments, and collaboration on climate action.
Additionally, they talked about economic policies, digital public infrastructure, fiscal policy, and tax reforms. India’s active partnership with Nordic countries has led to a significant increase in exports to the region in recent years, showcasing a strong and friendly relationship between India and Finland.
Doubts Revealed
Nirmala Sitharaman -: Nirmala Sitharaman is India’s Finance Minister. She is responsible for managing the country’s money and economic policies.
Finnish Delegation -: A Finnish delegation is a group of people from Finland, usually officials or representatives, who visit another country for discussions or celebrations.
Sakari Puisto -: Sakari Puisto is a member of the Finnish Parliament. He leads the group of Finnish representatives visiting India.
75th anniversary -: This means it has been 75 years since India and Finland started their official relationship, working together as friendly countries.
diplomatic relations -: Diplomatic relations are the official interactions between two countries, like talking and working together on various issues.
trade -: Trade is the buying and selling of goods and services between countries.
investments -: Investments are when people or companies put money into something to make a profit, like starting a business in another country.
climate action collaboration -: This means working together to take steps to protect the environment and fight climate change.
economic policies -: Economic policies are plans and actions taken by the government to manage the country’s economy, like how to spend money and collect taxes.
digital public infrastructure -: This refers to the technology and systems that help provide public services online, like digital payments or online government services.
fiscal policy -: Fiscal policy is how the government uses its money, including spending and taxation, to influence the economy.
tax reforms -: Tax reforms are changes made to the tax system to make it better or fairer.
Nordic region -: The Nordic region includes countries in Northern Europe like Finland, Sweden, Norway, Denmark, and Iceland.
exports -: Exports are goods or services that a country sells to other countries.
