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Benelux Economic Union |
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Benelux Economic Union (bĕn`əlŭks'), economic treaty among Belgium, the Netherlands, and Luxembourg. It arose out of a customs convention signed in 1944, but was not fully established until 1958. The union was established to promote free movement of workers, capital, goods, and services in the Benelux region. All three countries were also founding members of what has become the European Union European Community (EC), an economic and political confederation of European nations, and other organizations (with the same member nations) that are responsible for a common foreign and security policy and for cooperation on justice and home affairs. ..... Click the link for more information. (EU), which has implemented these same reforms. Benelux was the first entirely free international labor market, but its goal of merging the fiscal and monetary systems of the three countries was only largely fulfilled when most EU nations replaced their currencies with the euro (2002). Benelux Economic UnionEconomic union of Belgium, the Netherlands, and Luxembourg. The three countries formed a customs union in 1948, and in 1958 they signed the Treaty of the Benelux Economic Union, which became operative in 1960. Benelux became the first completely free international labor market and contributed to the establishment of the European Economic Community. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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PaySquare's comprehensive merchant coverage in the Netherlands and the start of its acquiring business elsewhere in Benelux will significantly enhance JCB card acceptance in the region and contribute to increasing convenience for JCB cardmembers", said Mr. United Business Media (UBM; London) has submitted a binding offer to acquire MediMedia's (Teterboro, NJ) drug information businesses in continental Europe and Asia, and all the trade press, patient education and pharma marketing solutions businesses in Germany, Benelux and Asia-Pacific. has received copies of papers filed against the company in the Netherlands by Microsoft Corporation asking the court to fine Lindows 100,000 euros per day for permitting its website to be reachable by visitors from the Benelux countries (Netherlands, Belgium and Luxembourg). |
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Benelux
