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In the history of bilateral relations, the first Russian president to come on an official visit to Luxembourg was Vladimir Putin on 24 May 2007. As bilateral trade had more than tripled from US$66.6 million in 2003 to US$228.3 million in 2006, time had come to strengthen the ties between the two countries, energy and finance being the key areas ...
Chinese exports to Luxembourg comprise textile, garments, plastic products and toys. [1] [2] Sino-Luxembourg trade relations have also focused on reducing trade barriers to investments. [4] In March 2019, Luxembourg signed an agreement with China to cooperate on its Belt and Road Initiative, making it one of only a few Western European nations ...
In 2022, there was a total value of $306 million USD of trade between the two nations.Greece exported approximately $186 million USD (roughly €179.5 million Euros) of goods to Luxembourg, while Luxembourg exported approximately $120 million USD (roughly €115.8 million Euros) of goods to Greece, creating a trade deficit of $66 million USD (€63.7 million Euros) for Luxembourg.
The labour productivity level of Luxembourg is one of the highest in Europe. OECD, 2012. The economy of Luxembourg is largely dependent on the banking, steel, and industrial sectors. Citizens of Luxembourg enjoy the highest per capita gross domestic product in the world, according to an IMF estimate in 2022. [22]
Embassy of Germany, Luxembourg. Germany and Luxembourg first established bilateral relations in April 1951. [1] The two countries have shared a peaceful and friendly relationship over their 74 year relationship, especially through their mutual cooperation in international organisations such as the European Union, NATO, the OECD and the United Nations.
In 1921, bilateral relations were established, [5] and a consulate of Poland was opened in Luxembourg City. [6] In 1922, a trade treaty was signed. [ 7 ] Immigration of Poles to Luxembourg increased, mainly those forced to leave Westphalia and Rhineland , while some came from Belgium , France and Poland. [ 4 ]
The history of Luxembourg properly began with the construction of Luxembourg Castle in the High Middle Ages. It was Siegfried I, count of Ardennes who traded some of his ancestral lands with the monks of the Abbey of St. Maximin in Trier in 963 for an ancient, supposedly Roman, fort named Lucilinburhuc, commonly translated as "little castle". [2]
A double referendum took place in Luxembourg on 28 September 1919. [1] Voters were asked questions on their preferred head of state and whether there should be an economic union with either France or Belgium. The majority voted to retain Grand Duchess Charlotte as head of state, and for economic union with France. [2]