200 Monaco-based economic actors at the CED General Meeting

2013-04 news-CDE

The members of the Chamber of Economic Development approved the balance sheet and programme of their association on 10 April. Special guest of the CED, the Government Adviser for Finance and Economics Mr. Jean Castellini also attended the Meeting and spoke to the entrepreneurs present.

This Ordinary General Meeting presented a particularly active 2012, with 52 operations in Monaco and abroad (against 48 in 2011 and 43 in 2010) and as many targeted actions to address the CED’s main missions of seeking new investors and supporting the development of Monegasque companies. CED membership has increased (+3%), as has its activity in international formalities (+17%). 93 investor files were also opened during 2012. The year 2013 also promises to be a dynamic one for the association.

The attendance and speech of Mr. Jean Castellini at this General Meeting is a clear sign of the Monaco government’s interest in the CED’s activities serving Monegasque companies. It also provided the opportunity for the Government Adviser to take stock of the present economic situation in the Principality, as well as internationally, "Although the international situation is not improving, it is worth recalling that in Monaco we are able to maintain a degree of prosperity through the strong commitment of the State not to go into debt or generate structural deficits. It is particularly thanks to its sound economic and financial activity, and Monaco’s ability to attract a lively international community that the country remains attractive. It is in this context that I wish the Chamber of Economic Development good luck for the current year and the years to come, so that it will continue to contribute to the development of the Principality."