Over a hundred investors from Monaco have attended the Monaco Economic Boards conference on potential investment opportunities in Russia. In attendance were the Monaco Consul in Moscow and the Ambassador of Monaco to Russia. The audience received a comprehensive overview of the economic situation in Russia, how they are promoting a business friendly environment, and initiatives developed between the Principality and Russia since Prince Alberts visit there in 2013.
The Monaco Yachting Cluster is aiming to unite all yachting professionals working in the Monaco marketplace, including representing the sector at the upcoming international trade shows, including the Dubai International Yacht Show, at the end of the month. With over 300 companies operating in the yachting sector, the Principality is world number three after the USA and France, in Brokerage and Yacht Management. All of them recognise that such a significant industry, deserves a higher profile both locally and on the international stage.