India, Belgium, and Luxembourg Meet to Boost Trade and Tech

India, Belgium, and Luxembourg agreed to deepen their economic ties during the 19th India–Belgium–Luxembourg Economic Union (BLEU) Joint Economic Commission (JEC) session. The historic meeting took place in Luxembourg on October 29, 2026.

Delegates from all three nations reviewed their existing commercial bonds while opening doors for massive investments across green energy, digital infrastructure, healthcare, and advanced manufacturing.

What Is the India–BLEU Joint Economic Commission?

The India–BLEU Joint Economic Commission functions as a strategic council where India, Belgium, and Luxembourg review trade policies, remove market barriers, and boost cross-border investments.

Key Leaders Co-Chairing the 19th Session

Three senior government leaders co-chaired the meeting:

• Rajesh Agrawal: Commerce Secretary, Government of India
• Filip Vanden Bulcke: Director-General for Geo-Economy and Economic Diplomacy, Belgian Federal Public Service Foreign Affairs
• Henri Schumacher: Secretary General of Luxembourg's Ministry of Foreign and European Affairs

6 Key Sectors Driving Economic Growth

The panel identified six primary industries to drive shared commercial growth:

1. Logistics and Connectivity: Upgrading air transport and seaport connections to speed up cargo movement and streamline supply chains.
2. Renewable Energy & Clean Tech: Investing in sustainable energy solutions to achieve long-term climate goals.
3. Financial Services & FinTech: Combining financial tech expertise to deliver modern, secure banking solutions across borders.
4. Digital Transformation & ICT: Adopting futuristic digital tools and software solutions to streamline daily business operations.
5. Healthcare & Life Sciences: Expanding trade in pharmaceuticals while promoting Ayurveda and traditional medicine networks.
6. Agro-Food Processing: Strengthening food supply networks and adding value to agricultural products.

Beyond these core pillars, the three nations agreed to expand technical partnerships in aerospace, scientific research, higher education, and vocational skill development.

Inviting Luxembourg Business Leaders to Invest in India

Following the official commission session, Commerce Secretary Rajesh Agrawal hosted an exclusive roundtable with top Luxembourg CEOs.

Agrawal highlighted India's high economic growth, skilled workforce, and expanding consumer market. He urged European companies to launch long-term investment projects in India, integrate with Indian firms, and supply global value chains directly.

Why the India–BLEU Alliance Matters

Partnering with Belgium and Luxembourg gives India access to premier European logistics hubs, advanced technology, and capital. In return, European businesses gain access to one of the world's fastest-growing major economies, creating shared prosperity for all three nations.