Luxembourg and Iceland sign film co-production treaty at Cannes

Luxembourg and Iceland signed their first joint audiovisual co-production treaty during the 2026 Cannes Film Festival and Marché du Film. The agreement was concluded during Culture Minister Eric Thill’s official visit and released by Film Fund Luxembourg.

The treaty is designed to make co-productions easier to recognise in both countries. It covers audiovisual works of any genre and format, including feature films, series and digital technology-based works such as XR experiences, for any distribution channel.

Financial participation by a Luxembourg or Icelandic co-producer may range from 10% to 90% for each project. Works made under the treaty can be recognised as national productions in both countries, provided technical and creative contributions are proportional to the financial share.

The agreement names two current co-productions: A Favour, directed by Grímur Hákonarson, and The Man in the Storeroom, directed by María Sólrún. It also points to links between the Luxembourg City Film Festival and Reykjavik’s Stockfish festival.

The treaty enters into force for an initial five-year period after parliamentary ratification in both countries. For Luxembourg’s film sector, it adds another formal bridge to a small but internationally connected production partner.