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 the Netherlands Carolingian dynasty came to dominate the area and then extended their rule to a large part of Western Europe. The region of the Netherlands therefore became part of Lower Lotharingia within the Frankish Holy Roman Empire. For several centuries, lordships such as Brabant, Holland, Zeeland, Friesland, Guelders and others held a changing patchwork of territories. There was no unified equivalent of the modern Netherlands. By 1433, the Duke of Burgundy had assumed control over most of the lowlands territories in Lower Lotharingia; he created the Burgundian Netherlands which included modern Belgium, Luxembourg, and a part of France. The Catholic kings