Estonian PM off to Sweden to strengthen business, economic ties

  • 2024-06-05
  • BNS/TBT Staff

TALLINN - Estonian Prime Minister Kaja Kallas is on a working visit to Sweden on Wednesday, where she will meet with Swedish Prime Minister Ulf Kristersson and executives of large Swedish companies.

The prime ministers will also attend the Sommarminglet conference for technology companies.

Kallas said the focus of the visit will be on strengthening business and economic contacts between Estonia and Sweden.

"Estonia and Sweden are both countries with open, flexible, and dynamic business environments. Our economies are closely interlinked. Both countries do well if their economy grows," the premier said.

The head of government said that this is why she will be discussing with representatives of large Swedish companies as well as technology companies how to boost the competitiveness of our region and accelerate innovation.

"We see several opportunities for closer cooperation between Estonian and Swedish startups and technology companies. The defense industry is also an area with great potential, where cooperation with the technology sector could develop and bring to the market innovative products," Kallas said.

"Our broader goal could be to work together with Sweden and other Nordic countries to create a new Nordic innovation and tech valley in our region," she added.

Kallas' bilateral meeting with the prime minister of Sweden will mainly focus on security, the upcoming NATO summit, support for Ukraine, and the situation in the Middle East. The elections to the European Parliament and bilateral relations between Estonia and Sweden will also be discussed.