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News Details

( As on 30/10/2026 15:21)

India, Belgium and Luxembourg hold 19th JEC session to boost trade ties

The 19th Session of the India–Belgium–Luxembourg Economic Union (BLEU) Joint Economic Commission (JEC) was held in Luxembourg on October 29, 2026, to review trade and investment relations and explore opportunities to strengthen economic cooperation.

The meeting was co-chaired by India's Commerce Secretary, Rajesh Agrawal; Belgium's Director-General for Geo-Economy and Economic Diplomacy, Filip Vanden Bulcke; and Luxembourg's Secretary General of the Ministry of Foreign and European Affairs, Henri Schumacher.

Discussions covered key sectors, including logistics, air connectivity, ports, renewable energy, clean technology, financial services, FinTech, digital transformation, healthcare, life sciences, traditional medicine and food processing.

The three sides also explored opportunities to expand cooperation in aerospace, research and innovation, higher education and skill development. Market access issues and trade-related concerns were discussed to facilitate smoother trade and investment flows.

Separately, Commerce Secretary Rajesh Agrawal interacted with CEOs of Luxembourg-based companies, highlighting India's economic growth and investment opportunities across financial services, advanced manufacturing, logistics, clean energy, digital technologies and healthcare. He encouraged Luxembourg companies to explore long-term investments, technology partnerships and integration with Indian businesses to strengthen global value chains.