During the last decade trade between India and Finland has increased significantly. Please throw light on the volume of bilateral trade, and where do you see it going in the foreseeable future…

Indeed in the last few years trade between the two countries has increased. Presently the volume of bilateral trade is about 1.5. billion Euros, not very unimpressive given the size of our nation. Our exports to India include mainly logistics and telecommunication equipment, machinery, pulp and paper. The machinery relates mostly to the chemical and binding industries. The volume of services—whether in tourism, IT or IT-enabled services is increasing quite rapidly. The balance of trade is 70:30 in favor of Finland. Going forward we would, of course, like to see more trade between our two nations. Negotiations for free trade agreements between India and the EU should be recommended.