President Karis: Close business ties make us stronger

03.05.2023 | 12:34

Opening the Estonian-Swedish business forum at the Creative Hub alongside King Carl XVI Gustaf of Sweden, who is in Estonia on a state visit, President Alar Karis expressed his hope that cooperation between entrepreneurs in their two countries would further intensify. “Sweden has long been one of Estonia’s most important trade partners,” he said. “The fact that so many Swedish companies have taken root in Estonia over the last 30 years forms a strong basis for the continued deepening of our business relations.”

President Karis said that the path to successful progress was via cooperation. “Sweden is one of the greenest and most innovative countries in the world,” he remarked, “while Estonia is one of the world’s first truly digital societies and a land of unicorns and big ideas. Both our countries are tech-friendly and well placed for the implementation of new solutions in the real world.”

The head of state noted that like Sweden, Estonia has set the green transition as one of its technological innovation priorities. “We are very happy to share our experience, and at the same time we hope to learn from Sweden’s experience,” he said. “Sweden is an attractive export market for Estonian companies, but the role it plays in our exports is even bigger thanks to direct investments and trade ties that allow companies to export to other markets.”

President Karis added that the close ties between Estonia and Sweden were not only driving growth in the economies of both countries, but also reinforcing regional and global security.

Speeches were given at the business forum by Swedish Minister for International Development Cooperation Johan Forssell and Estonian Minister of Economic Affairs and Information Technology Tiit Riisalo.

The Swedish royal couple have been accompanied on their state visit by a high-level business delegation with the aim of strengthening business ties with Estonia. This delegation includes representatives of the Asker Healthcare Group, Autoliv, BAE Bofors, Carl Bennet, Circulate, Comex, Einride, Elonroad, Epiroc, Ericsson, FAM, Hitachi Energy, the MW Group, Nordic Equities, Saab, SEB, Sectra, SKF, St Hunna, Swedbank, Tele2, Telia, Volvo Cars, the Volvo Group, Business Sweden and the Agrenska Foundation.

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