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.
Taipei Representative Office in the EU and Belgium Taipei Representative Office in the EU and Belgium The Taipei Representative Office in the EU and Belgium; ) represents interests of Taiwan in the European Union and Belgium in the absence of formal diplomatic relations, functioning as a "de facto" embassy. It was established in 1976 as the Chambre de Commerce Sino-Belge. It was later renamed Far East Trading Services, Inc. Since the closure of the Luxembourg City office in 2002, it has also been responsible for relations with Luxembourg. The Luxembourg office had been established in 1975 as the Centre Sun Yat-sen. The Office is headed by a Representative,