Belgium

With its strategic location in the heart of Europe, Belgium is a competitive economy and trade hub. With first-rate infrastructure, including a dense network of roads and railways and Europe’s second-largest port (Antwerp-Bruges), its capital Brussels is also home to the EU and NATO headquarters, as well as numerous other international institutions and multinational corporations. Its highly educated workforce, world-class research, and highly diversified economy further enhance its appeal and attract substantial foreign direct investment.

However, challenges persist. Political and financial tensions divide the francophone Wallonia region to the south and the Dutch-speaking Flanders region in the north. A high tax burden and a costly welfare state strain the economy. Labor market rigidities hinder growth. Furthermore, Belgium’s economy relies heavily on Western European markets, making it particularly vulnerable to regional dynamics.