India, Belgium, and Luxembourg Strengthen Economic Ties at Joint Commission
The 19th Session of the India–Belgium–Luxembourg Economic Union (BLEU) Joint Economic Commission (JEC) took place in Luxembourg on October 29, 2026. This significant meeting aimed to assess the current state of bilateral trade and investment among the three nations, paving the way for expanded economic cooperation in various essential sectors.
Co-chaired by prominent officials including Shri Rajesh Agrawal, Commerce Secretary of the Government of India, H.E. Mr. Filip Vanden Bulcke from Belgium’s Foreign Trade department, and H.E. Mr. Henri Schumacher from Luxembourg’s Foreign Affairs ministry, the session saw high-level discussions focused on enhancing collaboration.
The meeting reviewed the existing trade relations and investment frameworks between India, Belgium, and Luxembourg. Deliberations were centered on ways to bolster economic engagement, promote trade and investment flows, and deepen cooperation in mutually beneficial areas.
Key sectors highlighted during discussions included logistics, renewable energy, financial services, digital transformation, healthcare, and the agro-food processing industry. Special attention was given to enhancing air connectivity and port capacity as well as leveraging advancements in clean technologies.
The JEC participants addressed pressing market-related issues, aiming to resolve trade concerns while facilitating improved market access. The outcome of these discussions committed all parties to fostering a more robust economic landscape through continued engagement.
To further the conversations begun during the JEC, Commerce Secretary Shri Rajesh Agrawal met with chief executives of various Luxembourg-based companies afterward. He emphasized India’s impressive economic growth and vast investment potential, urging business leaders to consider long-term ventures in diverse fields such as financial services, clean energy, and advanced manufacturing.
Agrawal encouraged Luxembourg companies to seek technology partnerships and explore collaborative opportunities with Indian firms. These partnerships could enhance their integration into global value chains and unlock avenues for innovation and growth.
The outcome of the BLEU Joint Economic Commission reinforces the commitment of India, Belgium, and Luxembourg to prioritize sustained dialogue and cooperation for the advancement of shared economic interests.
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