Trade and investment promotion

More people than ever before are now employed in exporting companies in Sweden. Exports drive the Swedish economy and keep around 1.5 million people in employment. To continue to strengthen Swedish exports, on Friday 13 December the Government launched an updated Trade and Investment Strategy to create jobs and growth throughout the country.

Prime Minister Stefan Löfven will visit the Republic of Korea (South Korea) on 18–20 December. Minister for Foreign Trade and Nordic Affairs Anna Hallberg and a large Swedish business delegation will also take part in the visit.

Strengthened engagement for democracy was announced in the 2019 Statement of Foreign Policy and in the Swedish Foreign Service’s strategic vision for the electoral period. Sweden will stand up for democratic principles and support democracy in all contexts. On 21 November 2019, the Drive for Democracy was presented to the Riksdag Committee on Foreign Affairs by Minister for Foreign Affairs Ann Linde and Minister for International Development Cooperation Peter Eriksson.

Minister for Business, Industry and Innovation Ibrahim Baylan is travelling to Paris to meet with his French counterparts. The purpose of the visit is to take a further step under the Swedish-French partnership for innovation in the area of sustainable digital transformation and artificial intelligence (AI). The promotion of French investments in Sweden and discussions on the EU’s industrial policy will also be in focus during the visit.

Sweden took over the two-year chairmanship of the Barents Euro-Arctic Council at the ministerial meeting in Arkhangelsk on 19 October 2017. Since its inception, the Barents cooperation has aimed to promote peace, stability and the development of the Barents region, through cross-border collaboration and people-to-people contacts. The Swedish chairmanship programme, with the title ‘Regional sustainable development for the future’, was formed with a view to advancing cooperation and deepening collaboration in key areas of common interest.

On 15 August at Fashion Week Trade, Minister for Foreign Trade Ann Linde will be taking part in a round-table discussion on feminist trade policy and its relevance for the fashion industry. With more than 700 footwear, clothing, underwear, accessories and childrenswear collections, Fashion Week Trade is Sweden’s largest fashion event, including for fashion buyers.

Opinion piece by Ann Linde, Minister for Foreign Trade, published in Svenska Dagbladet on 25 July 2019.

The OECD Working Group on Bribery has since 2012 repeatedly urged Sweden to reform its laws to ensure the investigation and prosecution of companies that bribe foreign public officials to obtain advantages in international business. Sweden’s legal provisions to hold companies liable for foreign bribery do not fully meet the requirements of the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions.

On Wednesday 12 June, Minister for Justice and Migration Morgan Johansson will hold a press briefing with Drago Kos, Chair of the OECD Working Group on Bribery.

Making the entire Nordic region the first integrated 5G zone and getting Swedish companies to export more. Listen to Minister for Foreign Trade with responsibility for Nordic affairs Ann Linde talk about some of her priorities during this electoral period.