Business in Luxembourg. Luxembourger Economy

1. Introduction to the Grand Duchy of Luxembourg (EU)
2. Luxembourger Economy: one of the most important financial centers of Europe
3. Doing Business in Luxembourg
4. Luxembourger Foreign Trade
5. Transport and Logistics
   1. North Sea-Mediterranean Transport Corridor (Ireland, France)
6. Investment in Luxembourg
7. Access to the Luxembourger Market
8. Business Plan for Luxembourg

The educational aims of the Subject “Foreign Trade, Logistics and Business in Luxembourg” are:

1. To analyze the Luxembourger Economy, Logistics and Foreign Trade
2. To conduct research on business opportunities in the Luxembourger Market
3. To analyze the Luxembourger trade relations with the student's country
4. To learn about Luxembourger free trade agreements as a member of the European Union
5. To develop a business plan for the Luxembourger Market

The Subject “Foreign Trade, Logistics and Business in Luxembourg” is included within the curriculum of the following academic programs at EENI Global Business School:

Doctorate: World Trade.

Masters: International Business, Foreign Trade.

Languages: + Luxemburgo Luxembourg Luxemburgo.

1. Subject Credits “Doing Business in Luxembourg”: 1

Luxembourger Preferential Access and Trade Agreements:

1. Luxembourg and the European Economic Area
2. European Union
   1. Economic and Monetary Union
   2. European Customs Union
   3. European Single Market
   4. The European Union Services Directive
   5. European Digital Single Market
   6. As a member of EU, Luxembourg is a beneficiary of EU Trade Agreements

1. World Trade Organization (WTO)
   1. Agreement on Trade in Services (GATS)
   2. Agreement on Sanitary Measures
   3. Agreement on Technical Barriers to Trade
   4. Agreement on Preshipment Inspection
   5. Agreement on Safeguards
   6. Trade Facilitation Agreement
2. World Customs Organization (WCO)
   1. Kyoto Convention
3. Convention on the Harmonization of Frontier Controls of Goods
4. Rotterdam Rules
5. CMR Convention
6. International Chamber of Commerce
7. COTIF Convention
8. BIC
9. Chicago Convention (ICAO)
10. International Maritime Organization (IMO)
    1. Convention for Safe Containers
    2. Istanbul Convention
11. International Road Transport Union (IRU)
    1. TIR Convention
    2. Guidelines on Safe Load Securing for Road Transport
12. CIM & CIT Rules (Rail Transport)
13. Customs Convention on Containers - not a member

European Trade and Economic Organizations

1. European Union
   1. European Central Bank
   2. European Investment Bank
   3. European Bank for Reconstruction and Development (EBRD)
2. Organization for Security and Cooperation in Europe (OSCE)
3. Economic Commission for Europe (UNECE)

1. United Nations
2. World Bank
3. World Trade Organization (WTO)
4. International Monetary Fund
5. Asian Development Bank
6. African Development Bank
7. OECD
   1. OECD anti-corruption measures
8. Asia-Europe Meeting
9. CPLP (observer country)

The Grand Duchy of Luxembourg (Europe).

1. Luxembourger Capital: Luxembourg
2. Official Language of Luxembourg: French, Luxembourger, German
3. Luxembourger Area: 2,586 km²
4. Luxembourger Population: 543,202 of people
5. Type of Government: Parliamentary Monarchy
6. Borders of Luxembourg: France, Germany and Belgium
7. Luxembourg is a landlocked country
8. Independence of Luxembourg: 1867 (Netherlands)

Religion in Luxembourg: Catholicism (Christianity).

Luxembourg belongs to the European Economic Area.

Economy of Luxembourg.

1. Luxembourger Currency: Euro (1999)
2. Luxembourg is a member of EU since 1958
3. Luxembourg has an outstanding logistics platform thanks to its strategic position between France, Belgium and Germany
4. There have been several scandals related to the tax evasion that has hit enterprises like Pepsi Cola, Ikea, Procter & Gamble, FedEx, Accenture, Burberry, JP Morgan, Deutsche Bank or Amazon
5. OECD does not consider Luxembourg as a tax haven
6. Arcelor Mittal, the world steel leader, has its headquarters in Luxembourg
7. 60% of the workforce is foreigner
8. The Headquarters of the Court of Justice of EU are in Luxembourg

Luxembourger Foreign Trade.

1. Main Luxembourger Exports are machinery, steel products, chemical products and rubber
2. Top export markets of Luxembourg: Germany (23%), France, Belgium, Italy
3. Main Luxembourger Imports are minerals, metals, airplanes, chemical products, luxury products
4. Main suppliers of Luxembourg are Belgium (31%), Germany, France, the United States