In the news: new Monaco diplomats, Moneyval meeting, MEB in Belgium, and traffic disruptions

Monaco Life gathers the latest government news and information, from sustainability and diplomatic ties, to road work disruptions.

Oceanographic Museum shortlisted for its green initiatives

Monaco’s Musée Océanographique de Monaco made it onto the shortlist at the recent European Week for Waste Reduction (EWWR) awards for its ‘Sustainable Fashion Challenge’, held on 24th November 2022.

Five classes of high school students were invited to the establishment to take part in the event, which was co-organised by Inessa Creations Monaco, as a way of increasing awareness amongst young people about clothing waste. The event made the Top 15 out of more than 16,000 entries.

The next edition of the EWWR will take place between 18th and 26th November. This time, the focus will be on packaging. Further information can be found here.

*Five classes of high school students participated in the Oceanographic Museum’s European Week of Waste Reduction initiative. Photo credit: Monaco Communications Department*

New ambassadors received in Monaco

Monaco welcomed four new ambassadors to the Principality on 13th June: Khondker Talha of Bangladesh, Stéphane Dion of Canada, Gulsara Arystankulova of Kazakhstan and Ulambayar Nyamkhuu of Mongolia.

After presenting their letters of credence, the group were treated to a customary lunch at the Hotel Hermitage with Isabelle Berro-Amadeï, Monaco’s Minister of Foreign Affairs and Cooperation.

Left to right: Khondker Talha of Bangladesh, Stéphane Dion of Canada, Minister of Foreign Affairs and Cooperation Isabelle Berro-Amadeï, Gulsara Arystankulova of Kazakhstan and Ulambayar Nyamkhuu of Mongolia. Photo credit: Monaco Communications Department

Monaco in Brussels

A multi-faceted group representing the Monaco government, Monaco Private Label, the Monaco Economic Board, Monte-Carlo Société des Bains de Mer Group and the Association of Financial Activities visited Brussels between 13th and 14th June. Its mission, headed by Interministerial Delegate for Attractiveness and Digital Transition Frédéric Genta, was to promote the Principality abroad, and the group met with key players from the diplomatic and consular corps as well as a network of “influential” Belgian decision-makers to help forge stronger ties between the two nations.

“For this first international mission, we are delighted that all the active forces dedicated to the attractiveness and influence of the Principality collaborated closely in order to bring these very high-level meetings to a successful conclusion,” said Monaco’s Ambassador to Belgium, Luxembourg and the Netherlands, Frédéric Labarrère.

A meeting of Monaco’s financial crime task force

After a Moneyval assessment called on Monaco to “intensify efforts” to step up financial crime investigations at the start of this year, as reported by Monaco Life, the Principality moved swiftly to create a task force to do just that. A meeting of the First College of members was held on 15th June. On the agenda was the implementation of the national action plan and a risk assessment report into non-profit organisations.

The 2023 Monaco Finance Durable conference

The third edition of Monaco Finance Durable, which brought together some 60 investment managers representing 30 international financial entities as well as the Monaco Association for Financial Activities and the Monaco Association for Financial Activities, was held on 16th June.

A highlight of the conference was the presentation of three MonacoTech start-ups from the fields of medtech and biotech, who were introduced by the incubator’s new director, Sandrine Sauval: Infineis, which has developed an innovative intracranial surgical device; Spheno, whose technology combines 3D video and biomimetics solutions with 3D printing to replace human anatomical subjects used in university education and specialised training; and Coraliotech, a marine biotechnology start-up that regularly collaborates with the Centre Scientifique de Monaco. The work and research of Dr. Vincent Picco into stem cells and brain tumours also garnered interest.

*Despite the night-time scheduling of works, some disruption to traffic should be expected. Photo credit: Monaco Communications Department*

Road resurfacing on Avenue Princesse Grace

Disruptions should be expected on Avenue Princesse Grace between 19th and 29th June as the tarmac is resurfaced between the Rose des Vents roundabout and the Sea Club. The works will be completed at night, from 8pm to 6am, in order to limit traffic issues.

Private and public car parks in the area will be impacted, no street parking will be possible, and public transport routes will be subject to diversions. Click here for further information.

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Featured photo of the recent Brussels mission, photo credit: Monaco Communications Department