Rwanda’s Presidency has via Twitter handle revealed that their discussions held on Tuesday 7th June 2022 focused on ways to enhance the existing bilateral relations between Rwanda and Luxembourg in key areas such as the digital and FinTech sectors.
In October last year, Rwanda and Luxembourg signed bilateral agreement to support Kigali International Financial Centre (KIFC).
The agreement provides ground for signatories to work together with the aim to support Rwanda in further developing the KIF.
Strategic areas of cooperation defined within the agreement include ; capacity building and talent development development of sustainable finance in Rwanda, enabling a fintech ecosystem in Rwanda, and setting up a marketplace for impact investing in Rwanda.
Luxembourg, Rwanda also signed double taxation avoidance agreement in the same year.