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 Belgium which had belonged to the Catholic church. After the defeat of the French in 1814, a new United Kingdom of the Netherlands was created, which eventually split one more time during the Belgian Revolution of 1830–1839, giving three modern nations, Belgium, the Netherlands, and Luxembourg. The ports and textile industry of Belgium were important back into the Middle Ages, and modern Belgium was one of the first countries to experience an Industrial Revolution, which brought prosperity in the 19th century but also opened a political dichotomy between liberal businessmen and socialist workers. The king set up his own private colonial