India, Belgium and Luxembourg met in Luxembourg on 29 October to take stock of their trade and investment ties and look for new areas to work together, at the 19th session of their Joint Economic Commission (JEC).
The commission brings India together with the Belgium–Luxembourg Economic Union (BLEU). It was co-chaired by Commerce Secretary Rajesh Agrawal; Filip Vanden Bulcke, Director-General for Geo-Economy and Economic Diplomacy in Belgium's foreign affairs service; and Henri Schumacher, Secretary General of Luxembourg's Ministry of Foreign and European Affairs, Defence, Development Cooperation and Foreign Trade.
What was discussed
The talks covered logistics, with a focus on air connectivity and ports; renewable energy and clean technology; financial services and fintech; digital transformation and ICT; healthcare and life sciences; Ayurveda and traditional medicine; and agro and food processing.
The meeting agreed to explore deeper cooperation in aerospace, research and innovation, higher education and skill development. The sides also discussed market-related issues, with a view to addressing trade concerns and easing market access.
Pitch to Luxembourg business
After the session, Agrawal met chief executives of Luxembourg-based companies. He spoke about India's economic growth and investment potential and encouraged the firms to consider long-term investments and technology partnerships, and to work with Indian companies to serve global value chains.
What the release does not say
The Commerce Ministry did not give trade or investment figures, name the market-access issues raised, or announce any agreement or date for the next session.
Source: official release by the Ministry of Commerce & Industry, issued through the Press Information Bureau, Government of India (30 OCT 2026 12:45PM by PIB Delhi). Read the full official text: 19th India–BLEU Joint Economic Commission Session Held in Luxembourg to Strengthen Trade and Economic Cooperation.
How we verified this
VerifiedEvery fact, figure and quotation is taken from the official PIB release (Release ID 2330346) issued by the Ministry of Commerce & Industry on 30 OCT 2026 12:45PM by PIB Delhi; checked against the source on publication. Story written by BDT from that release; no outside facts added.
Sources
- 1.19th India–BLEU Joint Economic Commission Session Held in Luxembourg to Strengthen Trade and Economic Cooperation — Press Information Bureau, Government of India
