Benelux

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Benelux

1. the customs union formed by Belgium, the Netherlands, and Luxembourg in 1948; became an economic union in 1960
2. these countries collectively

Benelux

 

the shortened name for the customs and economic union of Belgium, the Netherlands, and Luxembourg, which is also assuming the character of a military and political alliance. The formation of Benelux began with a currency agreement among the three countries (Oct. 21, 1943) and a customs convention (Sept. 5, 1944, which became effective in January 1948). On Feb. 3, 1958, Belgium, the Netherlands, and Luxembourg concluded a treaty at The Hague establishing an economic union, which came into being on Nov. 1,1960, after it had been ratified by the parliaments of the three countries. The treaty provides for the creation of a single market for its members; the free movement of persons, goods, capital, and services among the three countries; coordination of economic, financial, and social policies; and action by the three member nations as a unit in the field of foreign economic relations. The treaty was concluded for a period of 50 years and may be extended for ten-year periods. The Benelux countries hold consultations on the most important international and military questions: the production of new types of military weapons and equipment, the training of armed forces personnel, participation in joint maneuvers, and so forth.

The Benelux countries were among the organizers of the Western bloc and are members of the North Atlantic Treaty Organization (NATO), the Western European Union, and the European Economic Community.

The supreme organ of Benelux is the Council of Ministers, whose decisions are made unanimously and are obligatory for all three members. The Council of Economic Union, consisting of representatives of the ministries and departments of the three countries, directs the work of the departments and specialized commissions and supervises the execution of the decisions of the Council of Ministers. The Arbitration Commission settles disputed questions. There is also an Economic and Social Consultative Council, which is made up of equal numbers of representatives of employers’ associations, a number of trade unions, and other organizations of the three countries. Administrative and organizational functions are carried out by the General Secretariat. The seat of the governing organs of Benelux is in Brussels.

References in periodicals archive ?
Benelux countries and Lithuania also enjoy strong economic relations as mutual trade accounted for over three billion euros last year.
The company focuses on the Dutch-speaking market in the Benelux countries and an emerging Turkish market.
The court rejected Anheuser-Busch's claims that Budvar had no right to have the beer labels registered in the Benelux countries because it didn't use them for their products.
Mirec, headquartered in Holland, operates throughout the Benelux countries, Sweden and the U.
The Nordic venture capital company Northzone Ventures said on Monday (5 July) that its portfolio company, the Norwegian e-learning company Edvantage Group AS, had acquired e-learning group Skillesoft's operations in the Benelux countries.
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).
We are all of us frequent fliers, racking up psychic jet lag (William Gibson suggests in Pattern Recognition that the soul, dangling umbilically in the jet stream, trails behind the Bocing 747 and only arrives sometime after landing), having to ask for passport stamps simply to prove we've been in all of the Benelux countries.
The medieval Low Countries are comparatively little known to Anglophone scholars, who have long studied the histories of medieval England, France, and Italy, and in recent years and to a lesser extent Germany and Spain, but generally not the antecedents of the modern Benelux countries.
Tue Mantoni, commercial director of Triumph Motorcycles UK, based in Hinckley, said: "During this year we have increased our sales in the Benelux countries by close to 20 per cent and we expect that growth to increase further.
To serve Northern and Central Europe, the Benelux countries, Africa and the Middle East, John Deere has established a special sales branch known as John Deere International, Schaffhausen, Switzerland.
and international markets including Great Britain, France, Germany and the Benelux countries.
Eric Salmon area sales manager for Austria, Benelux countries, France, Portugal, Spain and Switzerland, and Belen Magano and Lue Whipple customer service representatives.