India, Belgium and Luxembourg have discussed ways to expand trade, investment and economic cooperation across several key sectors, including renewable energy, logistics, healthcare, financial services and digital technologies.

The discussions took place during the 19th Session of the India–Belgium–Luxembourg Economic Union (BLEU) Joint Economic Commission (JEC) in Luxembourg on October 29, 2026. The meeting reviewed existing economic ties and explored opportunities to strengthen business and investment relations.

Commerce Secretary Rajesh Agrawal co-chaired the session with Filip Vanden Bulcke, Director-General for Geo-Economy and Economic Diplomacy at Belgium’s Federal Public Service Foreign Affairs, and Henri Schumacher, Secretary General of Luxembourg’s Ministry of Foreign and European Affairs.

The three sides discussed cooperation in air connectivity, ports and logistics, renewable energy, clean technology, financial services, FinTech, digital transformation, information and communication technology, healthcare, life sciences and agro-food processing. They also explored opportunities in Ayurveda and traditional medicine.

Further collaboration in aerospace, research and innovation, higher education and skill development also featured in the discussions. The countries discussed market-related concerns and stressed the need to improve market access, facilitate trade and address challenges affecting business engagement.

Following the session, Commerce Secretary Rajesh Agrawal met chief executives of Luxembourg-based companies. He highlighted India's economic growth and investment potential and invited companies to explore opportunities in financial services, advanced manufacturing, logistics, clean energy, digital technologies, healthcare and research.

Agrawal also encouraged Luxembourg businesses to make long-term investments in India and develop technology partnerships with Indian companies. He highlighted opportunities for businesses to become a part of global value chains.