India's 2047 Vision Gets Surprise Europe Backing; Trump, Xi Biggest Factors Behind India-EU Reset

| May 18, 2026, 09:00:00 PM | TOI.in
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Swedish Prime Minister Ulf Kristersson stood beside PM Modi in Gothenburg and said something remarkable — Sweden wants to be a partner in India's 2047 vision. Then Ursula von der Leyen joined them and called the India-EU Free Trade Agreement the mother of all deals. That moment in Sweden was not a photo opportunity. It was Europe placing a strategic bet on India in a world reshaped by the Russia-Ukraine war, Trump's unpredictability, and China's growing dominance of supply chains. India and Sweden elevated ties to a full Strategic Partnership with a joint action plan running to 2030. The agenda covers semiconductors, AI, green hydrogen, 6G, defence manufacturing, critical minerals and space. The Sweden-India Technology and AI Corridor — SITAC — directly connects both countries' tech ecosystems. Bilateral trade has already jumped from 2.8 to 7.8 billion dollars. Now Kristersson wants to double it in five years. Europe has chosen India. This is what that choice looks like.#india #pmmodi #sweden #europe #india2047 #ulfkristersson #ursulavonderleyen #indiaeu #timesaxis #toi

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