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.
History of Luxembourg the Luxembourgish population joined the Belgian revolution against Dutch rule. Except for the fortress and its immediate vicinity, Luxembourg was considered a province of the new Belgian state from 1830 to 1839. By the Treaty of London in 1839, the status of the grand duchy became fully sovereign and in personal union to the king of the Netherlands. In turn, the predominantly Oil-speaking geographically larger western part of the duchy was ceded to Belgium as the province de Luxembourg. This loss left the Grand Duchy of Luxembourg a predominantly German state, although French cultural influence remained strong. The loss of