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.
Netherlands They were probably the most commonly used names, besides Flanders, another pars pro toto for the Low Countries, especially in Romance language speaking Europe. The Eighty Years' War (1568–1648) divided the Low Countries into an independent northern Dutch Republic (or Latinised "Belgica Foederata", "Federated Netherlands", the precursor state of the Netherlands) and a Spanish controlled Southern Netherlands (Latinised "Belgica Regia", "Royal Netherlands", the precursor state of Belgium). The Low Countries today is a designation that includes the countries the Netherlands, Belgium and Luxembourg, although in most Romance languages, the term "Low Countries" is used as the name for the Netherlands