The Prime Minister of India, H.E. Shri Narendra Modi, and the Prime Minister of Luxembourg, H.E. Mr. Xavier Bettel, had  first-ever India-Luxembourg Virtual Summit which was first stand-alone Summit meeting between India and Luxembourg in the past two decades. 

  The two Prime Ministers underlined the excellent relations between India and Luxembourg based on shared principles and values of democracy, freedom, rule of law, and respect for human rights.

The two Prime Ministers exchanged views on strengthening India-Luxembourg relationship in the post-COVID world, especially in the areas of financial technology, green financing, space applications, digital innovations and start-ups. They welcomed the conclusion of various agreements between the two countries, including those between their financial market regulators, stock exchanges and innovation agencies.  

They welcomed the successful launch on 7th November 2020 by ISRO of the PSLV-C49 mission, which included 4 satellites from Luxembourg. The two leaders looked forward to early finalization of the cooperation instrument in the area of exploration and uses of outer space for peaceful purposes, currently under discussion between the two Governments

The two Prime Ministers agreed to strengthen cooperation on realizing effective multilateralism and combating global challenges like the Covid-19 pandemic, terrorism and climate change. Prime Minister welcomed Luxembourg’s announcement to join the International Solar Alliance (ISA), and invited it to join the Coalition for Disaster Resilient Infrastructure (CDRI). 

The leaders expressed their determination to promote effective and reformed multilateralism and a rules-based multilateral order with the United Nations (UN) and the World Trade Organisation (WTO) at its core. They also affirmed their commitment to cooperate in the implementation of the Sustainable Development Goals and the protection of the environment and combating climate change.

Luxembourg’s reiterated support for the reform of the UN Security Council, including its expansion in both categories of permanent and non-permanent membership.