Solution:Belgium, the Netherlands and Luxembourg are collectively known as 'Benelux Countries'. The Benelux Union, also known as simply Benelux, is a political-economic union and formal international intergovernmental cooperation of these three neighbouring states in Western Europe.These countries are located in northwestern Europe, with coastal access to the North Sea. The Benelux Economic Union was established to foster economic collaboration and free movement of goods, services, capital, and people. The Benelux serves as a successful example of regional cooperation and economic integration, often cited as a precursor to the European Union.
Belgium has a complex political structure with three autonomous regions: Flanders, Wallonia, and Brussels-Capital Region. The Netherlands and Luxembourg are unitary parliamentary democracies. The Benelux region is densely populated and economically dynamic, contributing significantly to the EU's GDP. The Benelux region has historically been a crossroads of European powers, facing both challenges and opportunities due to its central location and small size.