New Delhi: Prime Minister NarendraModi has plans to go on a five-day visit to Sweden and the United Kingdom beginning April 16 with the objective of boosting bilateral cooperation in several key areas, including trade and investment.

In the UK, the prime minister will also attend the Commonwealth Heads of Government Meeting (CHOGM), besides exploring ways to further deepen ties between the two countries, the Ministry of External Affairs said.

In Sweden, Modi will attend the India-Nordic Summit. The summit is being co-hosted by India and Sweden. Prime Ministers of all the Nordic countries -- Denmark, Finland, Iceland, Norway and Sweden will also attend the summit.

Modi will first travel to Sweden on a two-day visit from April 16-17.

The prime minister will arrive in Stockholm on the evening of April 16 and will have a number of meetings on April 17, including an audience with King Carl XVI Gustaf, King of Sweden. He will also hold talks with Prime Minister Lofven.

Modi will also address a gathering of select Swedish business leaders and will also meet the Indian community in Sweden, the MEA said. Sweden is India's valued partner in trade, technology and investment.

Over 170 Swedish companies have invested $1.4 billion since 2000. Around 70 Indian companies have invested in Sweden. India-Sweden annual bilateral trade stands at around $1.8 billion.

The MEA said India's trade with the Nordic countries totalled around $5.3 billion in 2016-17, with cumulative Foreign Direct Investment (FDI) to India estimated at $2.5 billion.