India-Luxembourg share vibrant, dynamic relations in financial sector: MEA

MoUs signed between the Luxembourg Stock Exchange (LuxSE) with SBI and India International Exchange, informed Sandeep Chakravorty, Joint Secretary, Europe West, Ministry of External Affairs while addressing press conference on November 19.

He said, "Three agreements were signed coinciding with the summit -- one was between Luxembourg Stock Exchange and State Bank of India, second between Luxembourg Stock Exchange and India International Stock Exchange and third between Luxinnovation and Invest India." "MoUs signed between the Luxembourg Stock Exchange with SBI and India International Exchange.

Agreement between Luxinnovation and Invest India also signed.

Very good prospects of India and Luxembourg on financial collaboration," he added.

Earlier, Prime Minister Narendra Modi took part in India- Luxembourg virtual summit, with PM of Luxembourg, Xavier Bettel.