Luxembourg farms. Luxembourg has especially close trade and financial ties to Belgium and the Netherlands (see Benelux), and as a member of the EU it enjoys the advantages of the open European market. With $171 billion in May 2015, the country ranks eleventh in the world in holdings of U.S. Treasury securities. However, securities owned by non-Luxembourg residents, but held in custodial accounts in Luxembourg, are also included in this figure. Luxembourg has efficient road, rail and air transport facilities and services. The road network has been significantly modernised in recent years with of motorways connecting the capital to adjacent countries.
Luxembourg a special tax scheme for audiovisual investment, the film and co-production in Luxembourg has grown steadily. There are some 30 registered production companies in Luxembourg. Luxembourg won an Oscar in 2014 in the Animated Short Films category with "Mr Hublot". Luxembourg Luxembourg (; ; ; ), officially the Grand Duchy of Luxembourg, is a small landlocked country in western Europe. It is bordered by Belgium to the west and north, Germany to the east, and France to the south. Its capital, Luxembourg City, together with Brussels and Strasbourg, is one of the three official capitals of the European Union and