A high-level networking dinner was held in Monaco last week as part of efforts by the Principality to strengthen international business ties during the Monaco Yacht Show.

Organised by the Monaco Private Label (MPL) under the Minister of State’s Attractiveness delegation, the event brought together over 150 business leaders, investors, and entrepreneurs from 40 countries. It took place during the annual yacht show, one of the most prominent events in Monaco’s luxury calendar.

Focus on economic diplomacy

Officials say the event was designed to support Monaco’s long-term strategy of economic diplomacy, by building a trusted global network of individuals aligned with the Principality’s values of sustainability, innovation, and excellence.

Speaking at the event, Ludmilla Raconnat Le Goff, Delegate for Attractiveness, said the strength of the network lies in its ability to quietly build trust and long-term collaboration.

“Our mission is to strengthen this community, transform these trusted connections into sustainable contributions for Monaco, and amplify the Principality’s global reach,” she said.

Chloé Boscagli, who heads the Monaco Private Label, said the initiative continues to grow, with a 25% increase in membership this year.

Yacht Show draws global attention

The Monaco Yacht Show, which took place from 25 to 28 September, welcomed over 30,000 visitors and showcased 120 superyachts, including more than 60 global debuts. The fleet, estimated to be worth more than €4.5 billion, drew interest from prospective buyers and industry leaders across the luxury and maritime sectors.

Officials say the event continues to underline the economic importance of the yachting industry to Monaco, both as a symbol of craftsmanship and as a driver of international investment.

The Principality has increasingly positioned itself as a hub for sustainable development and finance, with Monaco Private Label acting as a bridge between the government and key international figures.

See also: 

Ludmilla Raconnat Le Goff to lead Monaco’s attractiveness strategy

Stay updated with Monaco Life: sign up for our free newsletter, catch our podcast on Spotify, and follow us across Facebook,  Instagram, LinkedIn, and Tik Tok.

Photo source: Government Communications Department