Monaco Economic Board

Monaco Economic Board (MEB) is a Monegasque association promoting economic dynamism of the Principality. MEB was established in 1999 with the support of the Prince’s Government.^[1] Its mission is to seek new investors by organizing business promotional operations abroad.^[2] MEB consists of two departments: Monaco Chamber of Commerce that serves the development of 500 Monaco-based member companies;^[3] and Invest Monaco that seeks and supports foreign business organizations and individuals who wish to set up in the Principality.^[1] The President of the MEB is Michel Dotta.^[4]

History

Monaco Economic Board was established in 1999 with the support of the Prince’s Government.^[2] In 2016, Economic Development Chamber was renamed to Monaco Economic Board.^[4]

In 2019, Monaco Economic Board celebrated its 20-anniversary and made an exploratory trip to St. Petersburg, Russia with the aim to expand trade and create opportunities for business.^[5] In 2020, MEB adopted new working methods such as teleworking and videoconferencing during lockdown.^[6] In March 2021, MEB organized a virtual trade mission to Delhi.^[7]