New Delhi: The 19th Session of the India-BLEU JEC was held in Luxembourg on October 29, 2026, providing 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 India-BLEU JEC, formally known as the India–Belgium–Luxembourg Economic Union (BLEU) Joint Economic Commission (JEC), brought together representatives from the three countries to review existing trade and investment relations and deliberate on ways to enhance economic engagement, facilitate trade and investment flows, and strengthen cooperation in areas of mutual interest.
The session was co-chaired by Commerce Secretary, Government of India, Rajesh Agrawal; Director-General for Geo-Economy and Economic Diplomacy, Belgian Federal Public Service Foreign Affairs, Foreign Trade and Development Cooperation, 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.
India-BLEU JEC Discusses Key Economic Sectors
The India-BLEU JEC discussions covered a broad range of priority sectors, including logistics, renewable energy, clean technology, financial services, FinTech, digital transformation and information and communication technology (ICT).
Logistics discussions focused on areas including air connectivity and ports, while the three sides also discussed opportunities in renewable energy and clean technology.
Financial services and FinTech were among the other key areas discussed during the India-BLEU JEC, along with digital transformation and ICT.
The discussions also covered healthcare and life sciences, Ayurveda and traditional medicine, as well as the agro and food processing industry.
India-BLEU JEC Explores Aerospace, Research and Innovation Cooperation
The India-BLEU JEC also resolved to explore opportunities to deepen cooperation in aerospace, research and innovation, higher education and skill development.
Market-related issues were discussed with a view to addressing trade concerns, facilitating market access and identifying opportunities to further strengthen economic ties between India, Belgium and Luxembourg.
The session 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 under the India-BLEU JEC reaffirmed the importance of sustained dialogue and cooperation in advancing mutually beneficial economic relations between India, Belgium and Luxembourg.
Commerce Secretary Rajesh Agrawal Interacts with Luxembourg Companies
Following the India-BLEU JEC session, Commerce Secretary 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.
Rajesh Agrawal encouraged Luxembourg companies to explore long-term investments, technology partnerships and opportunities to integrate with Indian firms to serve global value chains.
The business interaction following the India-BLEU JEC session further provided an opportunity to highlight areas for collaboration between Luxembourg-based companies and Indian firms across financial services, advanced manufacturing, logistics, clean energy, digital technologies, healthcare, research and innovation.
