At its annual meeting of members last week, Monaco’s chamber of commerce marked a busy post-pandemic 2022 and looked forward to more International exchanges during the coming year.

In a significant development, the MEB has been working in tandem with the Government’s External Relations department to hold exploratory meetings in the Principality with each country at the same time that a new ambassador takes up his or her post.

Guillaume Rose, executive director, told members: “It’s important to be proactive at a time when the economy won’t wait for us.”

Mr Rose said that there had been many challenges for businesses in 2022, among them the price of energy, but 2023 will provide confirmation of the economic rebound seen in 2022. Apart from the war in Ukraine, all the indicators are green, he said.

The chamber is planning two major European missions this year, to the Netherlands in November, and hot on its heels, to London in December.

The MEB is also planning to take members to explore the business opportunities in Saudi Arabia early in 2024.

PHOTO: Carte Blanche