Strengthening Monaco’s business ties with Russia

MEB in Moscow presentation by the Consul of Monaco in Russia, Igor Yurgens. Photo: Twitter MonacoEconomicBoard
MEB in Moscow presentation by the Consul of Monaco in Russia, Igor Yurgens. Photo: Twitter MonacoEconomicBoard

The Monaco Economic Board started a three-day economic mission to Moscow on October 4. Although the first official relations between the two countries date back to 1877, it was on a mission in 2013, in conjunction with the first official visit of HSH Prince Albert II to Russia, that the MEB made the first contacts with its Russian counterparts.

Two years later, the Year of Russia in Monaco ended with a Forum organised by the MEB, in which partnerships were signed with the Russian Chamber of Commerce, the Union of Russian Industrialists and Entrepreneurs (RSPP) and Business Russia.

Then, in 2016, a second mission to Moscow led by Gilles Tonelli, Minister for Foreign Affairs and Cooperation, in the framework of the tenth anniversary of diplomatic relations between Monaco and Russia, consolidated these links.

This third MEB economic mission to Russia takes place as part of Monaco Days in Moscow organised by the Ambassador of Monaco in Russia, Mireille Pettiti, in collaboration with the Consul of Monaco in Russia, Igor Yurgens.

MEB Trade Mission to Moscow. Photo: Twitter MonacoEconomicBoard
MEB Trade Mission to Moscow. Photo: Twitter MonacoEconomicBoard

Thursday, October 5, focussed on the main business events with an economic forum based on the partners of the MEB on the spot: the Russian Union of Industrialists and Entrepreneurs (RSPP), Business Russia and the ICC of Russia. B2B and networking business lunch offered Monegasque and Russian companies a maximum of opportunities in a minimum of time.

The MEB delegation is composed of 26 people, representing 20 entities in Monaco, mainly in healthcare, consulting, finance, trading, insurance, transport, information and communication. Most of these companies are already established or are working with Russian companies. Their common point is that they all have specific development objectives in the country.

Also on the agenda are two exceptional performances of the Compagnie des Ballets de Monte Carlo at the Bolshoi Theatre.

“This great initiative of Ambassador Mireille Pettiti will make it possible to consolidate even more the ties of business established between the Principality and Russia for several years already,” commented MEB’s President, Michel Dotta.


READ MORE“Days of Monaco” in Russia

Photo: gouv.mc
Photo: gouv.mc
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