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.
Belgium in the Formula One World Championship. Belgium also has a strong reputation in, motocross with the rider Stefan Everts. Sporting events annually held in Belgium include the Memorial Van Damme athletics competition, the Belgian Grand Prix Formula One, and a number of classic cycle races such as the Tour of Flanders and Liège–Bastogne–Liège. The 1920 Summer Olympics were held in Antwerp. The 1977 European Basketball Championship was held in Liège and Ostend. Belgium Belgium officially the Kingdom of Belgium, is a country in Western Europe bordered by the Netherlands to the north, Germany to the east, Luxembourg to the southeast,