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Finland's new Ambassador to India, Mikko Kivikoski, has emphasized the importance of rules-based trade in the India-EU Free Trade Agreement (FTA), highlighting the need for a level playing field amidst rising protectionism from major powers like the US.

The FTA is seen as a vital step in promoting international trade governed by rules, rather than protectionism. The US has imposed significant tariffs on Indian and EU goods, underscoring the need for a more equitable trade environment.

Supply Chain Resilience and Strategic Autonomy

Kivikoski stressed the significance of supply chain resilience and strategic autonomy in the face of global uncertainty. They noted that no country can achieve this alone. He highlighted the importance of partnerships in ensuring freedom of manoeuvre and predictability. Citing Finland and India as natural allies in this regard.

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India's Proposal to Reform the UN Security Council

Kivikoski has expressed his country's support for India's proposal to reform the UN Security Council. With Finland seeing India as a trusted partner in this effort.

Globalisation and the Future of Trade

In a surprising statement, Kivikoski expressed hope that globalisation will not fundamentally change. However, rather evolve to incorporate rules and institutions that promote international cooperation and free trade.

For Finland, a small country, this means a commitment to rules and institutions that govern the international order. A free and open world trade environment is also essential for the country's economic prosperity.