Moldova-Monaco business forum platform of promoting investment aspect of Moldova

Chisinau, 4 May /MOLDPRES/ - Prime Minister Pavel Filip and Prince Albert II of Monaco today attended a Moldova-Monaco forum of business people, organized by the Association of Business People from Moldova. The event brought together over 230 entrepreneurs from the two countries, the government’s communication and protocol department has reported.  

The PM spoke out for the development of trade exchanges between Moldova and Monaco Principality and stressed the importance of creating a friendly investment climate. “Ty my mind, Moldova, as a state of small dimensions, has a lot of things to learn from another equally small one from the geographical and demographic viewpoints. Especially as one of them is among the first states of the world in terms of Gross Domestic Product per capita, has the lowest poverty rate in the world and has the largest number of millionaires per head in the world,” the prime minister said.     

In the context, the PM reiterated Moldova’s openness for foreign direct investments, encouraging companies from Monaco to explore investment opportunities in the financial and banking sector, infrastructure, telecommunications, transport, energy. 

For his part, Prince Albert II said that this forum offered new opportunities of cooperation between companies from Moldova and Monaco. “Monaco is a small country, but it is willing to innovate and develop. The companies from my country want to develop relations with foreign partners and the agreements signed today will contribute to improving the relations and to a mutually advantageous cooperation,” the Prince of Monaco said.  

The participants in the business forum signed two agreements on economic collaboration between the Economic Council of the Monaco Principality and the Association of Business People from Moldova and between the Economic Council of the Monaco Principality and the Investments Attraction and Exports Promotion Organization of Moldova.