The Nordic-Baltic cooperation, also known as NB8, is an informal regional cooperation format established in 1992. It brings together five Nordic countries (Finland, Sweden, Norway, Denmark, and Iceland) and three Baltic countries (Estonia, Latvia, and Lithuania). Sweden holds the chairmanship of the NB8 in 2024.
Evolution of the Nordic-Baltic Cooperation
Establishment and Naming
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- The cooperation was established in 1992 to foster regional collaboration after the Baltic countries gained independence.
- In 2000, it was officially named the Nordic-Baltic Eight (NB8) on the initiative of Toomas Hendrik Ilves, former Estonian Foreign Minister.
Key Guiding Document
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- The NB8 Wise Men Report, also known as the Birkavs-Gade Report, serves as one of the main documents guiding NB8 cooperation.
- The report provides concrete guidelines for promoting cooperation among the eight countries.
Areas of Collaboration between NB8 and India
Innovation and Technology
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- NB8 countries and India collaborate in the field of innovation, sharing best practices and fostering technological advancements.
- Joint research projects and startup exchanges promote cross-border innovation.
Green Transition and Sustainability
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- NB8 and India work together to address environmental challenges and promote sustainable development.
- Collaboration focuses on renewable energy, energy efficiency, and circular economy initiatives.
Maritime Affairs
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- Given the strategic importance of the Baltic Sea and the Indian Ocean, NB8 and India cooperate in maritime affairs.
- Areas of cooperation include maritime security, port development, and sustainable ocean management.
Health and Life Sciences
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- NB8 countries and India collaborate in the healthcare sector, sharing expertise and best practices.
- Joint research in medical sciences, digital health solutions, and pandemic preparedness are key focus areas.
Other Areas of Cooperation
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- NB8 and India also collaborate in areas such as intellectual property rights, space technology, and tourism.
- Cultural exchanges and people-to-people contacts are encouraged to strengthen bilateral ties.
NB8 Outreach and Partnerships
e-PINE Format
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- Since 2003, NB8 countries have held regular meetings with the United States at the political directors’ level.
- The e-PINE format facilitates discussions on regional and global issues of common interest.
Northern Future Forum
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- In 2011, an agreement was reached to convene meetings between the prime ministers of NB8 countries and the United Kingdom.
- The Northern Future Forum provides a platform for high-level dialogue and cooperation.
NB6 Format
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- NB6 is a format that includes the European Union member states of the NB8 (Denmark, Finland, Sweden, Latvia, Lithuania, and Estonia).
- It provides a framework for informal meetings to discuss topical EU issues, as Iceland and Norway are not EU members.
NB8 Trade and Economic Indicators
| Country | GDP (USD billion) | GDP Per Capita (USD) | Exports (USD billion) | Imports (USD billion) |
| Denmark | 355.7 | 61,170 | 154.8 | 147.8 |
| Sweden | 541.9 | 52,260 | 238.6 | 228.3 |
| Finland | 269.7 | 48,780 | 99.2 | 97.6 |
| Norway | 403.3 | 74,530 | 118.4 | 96.8 |
| Iceland | 24.2 | 66,940 | 7.2 | 8.4 |
| Estonia | 31.4 | 23,660 | 19.4 | 21.1 |
| Latvia | 34.1 | 17,860 | 17.8 | 20.4 |
| Lithuania | 54.6 | 19,610 | 37.9 | 41.2 |
The Nordic-Baltic cooperation, or NB8, has emerged as a vital regional partnership, fostering collaboration among the five Nordic and three Baltic countries.
- With a focus on innovation, sustainability, maritime affairs, health, and other key areas, NB8 countries have strengthened their ties and developed a common vision for regional growth and stability.
- The cooperation’s outreach efforts, such as the e-PINE format and the Northern Future Forum, have expanded its global influence and facilitated engagement with major partners like the United States and the United Kingdom.
- As NB8 continues to evolve and adapt to new challenges, it serves as a model for regional cooperation, promoting shared values, economic prosperity, and social well-being.
- The collaboration between NB8 and India further highlights the potential for mutually beneficial partnerships, leveraging each other’s strengths and expertise to address common challenges and drive sustainable development.
- As the world navigates an increasingly complex and interconnected landscape, the Nordic-Baltic cooperation remains a beacon of regional unity and a catalyst for positive change.
