Luxembourg member of Belgium–Luxembourg Economic Union
Foreign relations
Luxembourg has long been a prominent supporter of European political and economic integration. In 1921, Luxembourg and Belgium formed the Belgium–Luxembourg Economic Union (BLEU) to create a regime of inter-exchangeable currency and a common customs. Luxembourg is a member of the Benelux Economic Union and was one of the founding members of the European Economic Community (now the European Union). It also participates in the Schengen Group (named after the Luxembourg village of Schengen where the agreements were signed). At the same time, the majority of Luxembourgers have consistently believed that European unity makes sense only in the context of a dynamic transatlantic relationship, and thus have traditionally pursued a pro-NATO, pro-US foreign policy.Luxembourg is the site of the Court of Justice of the European Union, the European Court of Auditors, the Statistical Office of the European Union (Eurostat) and other vital EU organs. The Secretariat of the European Parliament is located in Luxembourg, but the Parliament usually meets in Brussels and sometimes in Strasbourg. Luxembourg is also site of the EFTA Court, which is responsible for the three EFTA members who are part of the European Single Market through the EEA Agreement.
part of belonging to affiliated with associated with connected to