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Value of CEng on mainland Europe or The Netherlands

I have been working in the industry for more than 10 years now and since I left the university, I really never bothered to register for CEng. I work in The Netherlands and I know that CEng or being a member of an Institution is not really a big thing here. Nevertheless, I rejoined the IET as a member recently and I am filling in my paper work for my CEng application. Apart from being a nice recognition of your experience and commitment to engineering, any thoughts/experiences on what the value of CEng is on mainland Europe?
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