Foreign Minister Jean Asselborn was in Russia on 26th October, with the highlight a meeting with his counterpart Sergei Lavrov. He was also there to put the finishing touches on a new double taxation treaty, to check up on the renovation work on-going at the embassy and to discuss global events. Luxembourg is one of the top ten investors in Russia, with nearly 20 billion US dollars transiting through Luxembourg in 2010.
ArcelorMittal, Cargolux, Paul Wurth and Luxlait are all active in the country too.