The Prime Minister level summit between India and Luxembourg.

If Luxembourg is compared to with Indian Railways, it would be just one railway station out of the more than seven thousand five hundred of Railway Stations it has. Luxembourg has population of less than 7 lakh, which is the daily traffic on some of the stations of the Indian Railway. But Luxembourg is the second richest country in the word with per capita income of about 80 thousand USD on PPP basis. In terms of territory it is twice the size of tiny state of Goa in India. But despite it’s size, Luxembourg is one of the four Capitals of European Union and is seat of Justice in EU.

So what is so important that in this pandemic, both countries could not postpone the summit and decided to be across the table through the virtual video conference.

Luxembourg on FATF Grey List:

Continue reading