India
Belgium Lux Eco Meeting Held in Luxembourg
Ø Discussions Cover Key Sectors, Including Logistics, Renewable
Energy, FinTech, Healthcare and Agro-Food Processing
Ø India–BLEU JEC Explores Opportunities to Deepen Cooperation in
Aerospace, Research, Innovation and Higher Education
·
The
19th India–Belgium–Luxembourg Economic Union (BLEU) Joint Economic Commission
(JEC) was held in Luxembourg on 29 October 2026 to review trade and investment
relations and strengthen economic cooperation.
·
The
meeting was co-chaired by India's Commerce Secretary Shri
Rajesh Agrawal, along with senior officials from
Belgium and Luxembourg.
·
Discussions
covered key sectors, including logistics, air connectivity, ports, renewable
energy, clean technology, financial services, FinTech,
digital technologies, ICT, healthcare, life sciences, Ayurveda and agro-food
processing.
·
The
three sides agreed to explore greater cooperation in aerospace, research and
innovation, higher education and skill development.
·
Market
access issues and trade concerns were also discussed to facilitate trade and
investment flows.
·
Commerce
Secretary highlighted India's economic growth and investment opportunities
during an interaction with Luxembourg-based CEOs.
·
Luxembourg
companies were encouraged to explore long-term investments, technology
partnerships and integration with Indian firms in global value chains,
particularly in manufacturing, logistics, clean energy, digital technology and
healthcare.
[ABS
News Service/30.10.2026]
Posted On: 30 OCT 2026 12:45PM by PIB Delhi
The 19th Session of the India–Belgium–Luxembourg Economic Union
(BLEU) Joint Economic Commission (JEC) was held in Luxembourg on 29 October
2026. The meeting provided a platform for India, Belgium and Luxembourg to
review bilateral trade and investment relations and discuss opportunities to
further strengthen economic cooperation across key sectors.
The JEC was co-chaired by Commerce Secretary, Government of
India, Shri Rajesh Agrawal;
Director-General for Geo-Economy and Economic Diplomacy, Belgian Federal Public
Service Foreign Affairs, Foreign Trade and Development Cooperation, H.E. Mr. Filip Vanden Bulcke;
and Secretary General of the Ministry of Foreign and European Affairs, Defence, Development Cooperation and Foreign Trade,
Luxembourg, H.E. Mr. Henri Schumacher.
The 19th Session reviewed existing trade and investment
relations between India, Belgium and Luxembourg and deliberated on ways to
enhance economic engagement, facilitate trade and investment flows, and
strengthen cooperation in areas of mutual interest.
The discussions covered a broad range of priority sectors,
including logistics, with a focus on air connectivity and ports, renewable
energy and clean technology, financial services and FinTech,
digital transformation and information and communication technology (ICT),
healthcare and life sciences, Ayurveda and traditional medicine, and the agro
and food processing industry.
The meeting resolved to explore opportunities to deepen
cooperation in aerospace, research and innovation, higher education and skill
development. Market-related issues were also discussed with a view to
addressing trade concerns, facilitating market access and identifying
opportunities to further strengthen economic ties.
The JEC provided an opportunity for the three sides to exchange
views on their economic priorities, review sectoral
cooperation and identify avenues for enhancing business engagement and
investment partnerships. The discussions reaffirmed the importance of sustained
dialogue and cooperation in advancing mutually beneficial economic relations
between India, Belgium and Luxembourg.
Following the JEC session, Commerce Secretary Shri Rajesh Agrawal interacted
with CEOs of Luxembourg-based companies during a business interaction. He
highlighted India's strong economic growth and investment potential and
underscored opportunities for collaboration in financial services, advanced
manufacturing, logistics, clean energy, digital technologies, healthcare, and
research and innovation. He encouraged Luxembourg companies to explore
long-term investments, technology partnerships and opportunities to integrate
with Indian firms to serve global value chains.