Cargolux Airlines International S.A. took part in a finance mission to China during September 2017 that was led by Pierre Gramegna, Luxembourg's Minister of Finance, and organized by Luxembourg for Finance.
Cargolux and its Chinese partners have developed strong ties since Henan Civil Aviation and Investment Co., Ltd. (HNCA) became a Cargolux shareholder in 2014. These ties were deepened during a state visit to China in June 2017 by Luxembourg's Prime Minister Xavier Bettel, Minister of Sustainable Development and Infrastructure, Francois Bausch and Minister of Finance, Pierre Gramegna, who met with the President of the People's Republic of China, Xi Jinping, and State Council Premier, Li Keqiang, to enter into a Commercial Cooperation Agreement in relation to the...
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