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.
Southern Netherlands the remainder of the area became known as the Spanish Netherlands and remained under Spanish control. This region comprised modern Belgium, Luxembourg as well as part of northern France. The Spanish Netherlands originally consisted of: The capital, Brussels, was in Brabant. In the early 17th century, there was a flourishing court at Brussels, which was under the government of King Philip III's half-sister Archduchess Isabella and her husband, Archduke Albert of Austria. Among the artists who emerged from the court of the "Archdukes", as they were known, was Peter Paul Rubens. Under the Archdukes, the Spanish Netherlands actually had formal