1 - THE PRINCIPALITY OF MONACO

2 - POPULATION

3 - ACCESS ROUTES AND LINES OF COMMUNICATION

4 - THE PRINCIPALITY THROUGH THE CENTURIES

5 - ADMINISTRATIVE STRUCTURE

6 - ECONOMIC AND SOCIAL STRUCTURE

7 - LEGISLATIVE STRUCTURE

8 - THE NATIONAL BUDGET

9 - INTERNATIONAL RELATIONS

10 - FRANCO-MONEGASQUE AGREEMENTS

11 - THE ECONOMY SITUATION

12 - RESOURCES

13 - DEVELOPMENT

14 - THE COMBAT AGAINST MONEY LAUNDERING

15 - MAJOR CONSTRUCTIONS

16 - THE LATEST ACHIEVEMENTS

17 - THE ENVIRONMENT

18 - GARDENS

19 - PRESERVATION OF THE MARINE ENVIRONMENT

20 -  CULTURE  

21- MAIN CULTURAL EVENTS

22 - CULTURAL FACILITIES

23 - INTERNATIONAL COOPERATION  

24 - HUMANITARIAN ACTION

PRINCIPALITY OF MONACO

The Principality of Monaco, a small area of 200 ha, lies between France and the Mediterranean sea. Spread out along a narrow, four-kilometre-strip, bounded by the mountainous foothills of the Tête de Chien and the Mont-Agel. Monaco constitutes a single commune whose boundaries blend into those of its larger neighbour.

Monaco is composed of five neighbourhoods:

 • Monaco-Ville: the Principality’s historic seat which dominates the town from the Rock;

 • Monte-Carlo: founded in 1866, during the reign of Prince Charles III, this area is built around the Casino;

• La Condamine: the area surrounding the Port Hercule;

• Fontvieille: this new, eco-friendly industrial area built on land reclaimed from the sea boasts an urban complex, tourist attractions, sports facilities and marina;

 • Les Moneghetti : the area around the Jardin Exotique.

POPULATION

The Principality of Monaco has a population of 32 020, of which 6 089 are Monegasque, 10 229 French and 6 410 Italian (according to the last official census in 2000).

ACCESS ROUTES AND LINES OF COMMUNICATION

By road and motorway The network of European motorways, only 8 km from the town centre, connects the Principality with France, Spain, Italy, Switzerland, Germany, Benelux, Austria and England. From Nice airport, 22 km away, the Principality can be reached in less than 30 minutes, thanks to a direct link between the motorway and one of the main coastal highways. By rail Monaco’s underground station, inaugurated in December 1999, is situated on the Marseille-Ventimiglia line. It accommodates 4 500 travellers a day, 9 500 in the summer.

By plane « Nice-Côte d’Azur » airport, 22 km from Monaco, can be reached by motorway or helicopter. It provides daily connections between the Principality and Europe’s main cities and, from there, on to all continents. Thanks to the helicopter service, the journey between Monaco and Nice Airport is a mere 6-minute-flight. By sea A modern, coastal town, Monaco boasts two marinas, equipped to receive boats of different tonnage Port Hercule : Boats up to 130 metres can be moored here. Extension-work to the port, particularly the construction of the semi-floating breakwater, have double the capacity for yachts and cruise ships. Port of Fontvieille: A hundred or so boats can be accommodated in its 5.5 ha dock.

TOURIST ATTRACTIONS

The Principality of Monaco conceals an abundance of museums and tourist attractions for visitors to discover. On the Rock: The old town, the Jardins Saint-Martin (Saint-Martin’s Gardens), Place Saint-Nicolas (Saint-Nicolas Square), the Rampe Major, the Palace (the great apartments), the Musée des Souvenirs Napoléoniens et la Collection des Archives Historiques du Palais (The Museum of Napoleonic Memories and the Palace Collection of Historic Archives), the Cathedral, the oceanographic Museum and aquarium, the Musée de la Chapelle (Chapel Museum), In Monte-Carlo : the Musée National (National Museum), the Japanese Garden, the Casino In the Condamine : the Church of Sainte-Dévôte, port Hercule, In Monéghetti : the Jardin Exotique (Exotic Gardens), the Cave and Musée d’Anthropologie Préhistorique (Museum of Prehistoric Anthropology) In Fontvieille : exposition de la Collection de Voitures Anciennes de S.A.S le Prince de Monaco (Exhibition of HSH Prince of Monaco’s antique car collection), the Musée des Timbres et des Monnaies (Museum of Stamps and Money), the Musée Naval (Naval Museum), the Chemin des Sculptures and Roseraie Princesse Grace (Scupltures’ Trail and Princess Grace’s Rose Garden)

Monaco Carrè d'Or

THE PRINCIPALITY THROUGH THE CENTURIES

• VI century BC: the Rock is inhabited by the « Monoïkos » tribe, from whom the name of Monaco probably originates.

• 1215: the Ghibellines build a castle on the site of the present palace.

• 8 January 1297: le Guelph François Grimaldi enters the square by disguising himself as a monk.

• 1489: the King of France Charles VII and the Duke of Savoy acknowledge Monaco’s independence.

• 14 September 1641: Honoré II and the King of France Louis XII sign the Treaty of Péronne. The Prince of Monaco receives the « Lands of France »: the duchy of the Valentinois, the viscounty of Carlat, and the marquisate of the Baux with the seigniory of Saint-Rémy, in Provence.

• 1793: the Principality is joined to the French Republic under the name of « Fort Hercule ». This is the period of the revolution and the Empire, the Prince’s family is arrested, its wealth dispersed, and the Palace transformed into a beggars’ dump.

• 1814: the Treaty of Paris re-establishes the Grimaldi family and all its rights.

• 1815: the second treaty of Paris of 20 November places the Principality under the protection of the king of Sardinia (Treaty of Stupinigi of 8 November 1817.)

• 1856: « la Société des Bains de Monaco » is created, which will become the « Société des Bains de Mer et du Cercle des Etrangers. »

• 2 February 1861: Prince Charles III abandons his rights to Menton and Roquebrune. The Principality finds total and definitive independence once again.

• 1865: customs agreement with France. The French and Monegasque territories, including their territorial waters, form a customs union (there is no border between the two countries). The Casino is opened.

• 1869: the Principality’s inhabitants are exempt from land and property taxes, as well as licence and trade taxes.

• 1911: the Principality is given a Constitution for the first time.

• 1918: the Treaty with France is approved in 1919 by the signatory powers of the Treaty of Versailles. France undertakes to defend the Principality’s independence, sovereignty and territorial integrity.

• 1923: birth of Prince Rainier III.

• 1929: 1st Automobile Grand Prix of Monaco.

 • 1949: accession of Prince Rainier III to the throne, in succession to his grandfather, Prince Louis II.

• 1954 : Convention de voisinage et d’assistance administrative mutuelle avec la France (Neighbourhood convention on mutual administrative assistance with France); VAT is established; the Principality equips itself with a television station: Télé Monte-Carlo is inaugurated on 18 November.

 • 1957: 23 January, birth of HSH Princess Caroline

 • 1958: 14 March, birth of HSH Hereditary Prince Albert

• 1962: 17 December, a new Constitution becomes the fundamental law of the State.

• 1963 : tax convention and new mutual administrative aid agreements with France.

 • 1965: 1 February, birth of HSH Princess Stéphanie.

• 1993: 28 May, the Principality of Monaco becomes the 183rd fully-fledged member state of the United Nations Organization.

• 1997: the Principality of Monaco celebrates the Grimaldi dynasty’s 700th Anniversary.

• 2002: 24 October, a Treaty is signed intended to revise and reinforce friendship and cooperation between the Principality and France.

 • 2004: 5 October, the Principality of Monaco becomes the 46th member state of the Council of Europe.

 • 2005 : 6 April, death of Prince Rainier III

• 2005 : 12 July, enthronement of H.S.H Prince Albert II

• 2005 : 8 November, new agreements are signed with France

• 2005 : 19 November, Coronation of HSH Prince Albert II

ADMINISTRATIVE STRUCTURE

The Principality of Monaco is an independent, Sovereign State within the framework of the general principles of international law and special conventions with France. The territory of the Principality is inalienable. The Constitution of 17 December 1962 (« Constitution of 17 December 1962 and Organic Texts », published by the National Council, revised by Act 1249 of 2 april 2002), defines the nature of the Government of the Principality as an Hereditary, Constitutional Monarchy: the power of the Sovereign and his Government must be exercised within the framework of the Constitution, whose rules take precedence over all institutions except international treaties. THE SOVEREIGN He is the Head of State. His seat is the Grimaldi home dating back to the Middle Ages. Succession takes place through direct, legitimate descendants, in order of age, with priority to male descendants with the same degree of kinship. He is the Head of State and representative of the Principality in its relations with foreign powers. He signs and ratifies treaties and reserves the right to confer honours and distinctions. On certain matters, the Prince is assisted by purely advisory committees. • The Conseil de la Couronne (Council of the Crown) (7 members) • The Council of State (12 members)

THE GOVERNMENT Executive power is exercised by the Secretary of State assisted by a Government Council, 5 advisors appointed by the Prince, acting under his authority. The Government Council is split between the following sectors: • Department of the Interior Responsible for Security and the Police, Cultural Affairs and State Education. The Government Advisor for Home Affairs is also in charge of matters relating to religion, and has authority over various public institutions. • Department of Facilities and Town Planning Responsible for the Public Works Division, the Environment Urban Planning and Building Department, the State-owned Buildings Agency, the Urban Planning Agency, the Traffic Division, the Public Car Parks Service, the Division for Franchise control and Telecommunications, the Maritime Affairs Division, the Naval Service, Civil Aviation, and the Postal and Telegraph Service. • Department of Health and Social Affairs Responsible for the Employment and Social Affairs, Public Health, • Department of Finance and the Economy Responsible for the Budget and Public Revenue Department, the Treasury, gaming inspections, the Tax Department, Public Lands Administration, the Housing Department, the Division for Economic Growth, the Department of Tourism, the issue of Postage Stamps, and state-controlled tobacco. • Department of External Relations Responsible for European Affairs, Diplomatic Management, International and Multilateral Affairs, International Environment.

ECONOMIC AND SOCIAL STRUCTURE

• Economic Structure The Principality’s economic structure is defined by the Department of Finance and the Economy and operates essentially through two bodies: - The Direction de l’Expansion Economique (Division for Economic Growth) (setting up companies, trade directories, registration of brands, patents, statistics etc.). It is responsible for executing the government’s policies for economic growth. - The Conseil Economique et Social (Economic and Social Council). • Social Structure The Principality’s social structure is governed by the Department of Health and Social Affairs, responsible for: - the Department of Employment and Social Affairs; - the Employment Service (job offers, unemployment benefit, employment declarations and inspections); - Social relations and organisations; - the Monegasque Social Security Funds; - the C.C.S.S (Caisse de Compensation et des Services Sociaux - Social services Compensation Fund); - the C.A.R (Caisse Autonome des Retraites – Pension Fund); - the C.A.M.T.I (Caisse d’ Assurance Maladie, Accident et Maternité des Travailleurs Indépendants – Insurance fund for the self-employed); - the C.A.R.T.I (Caisse Autonome des Retraites des Travailleurs Indépendants – Pension fund for the self-employed); - the O.M.T (Office de la Médecine du Travail – Occupational health service); - the C.C.P.B (Caisse des Congés Payés du Bâtiment – Fund providing paid leave for building contractors). • Religion The religious regime in the Principality is based on the following: - The catholic religion is the religion of state (Article 9 of the Constitution); - Religious freedom is guaranteed (Article 23 of the Constitution). Although the catholic religion in Monaco enjoys a particular status established by the Constitution, another equally strong constitutional principal (part of the freedom and fundamental rights for all guaranteed by the Supreme Court) is religious freedom. Several religious denominations therefore exist in Monaco.

• COUNCIL OF STATE The Council of State is composed of twelve members, selected and appointed by the Prince, following consultation with the Secretary of State and the Director of the Judiciary, who is also President of law. The Council of State is entrusted with giving advice on draft laws and edicts that are submitted to it for examination by the Prince. It can also be consulted about any other plans. The Council of State also assists in governmental action by giving its opinion on the legislative and statutory texts submitted to it. THE ‘CONSEIL DE LA COURONNE’ (Council of the Crown) The Sovereign Prince is assisted, in the exercise of certain constitutional prerogatives, by the Council of the Crown. The competence of the Council of the Crown is solely consultative. The Council of the Crown must be consulted on a certain number of matters listed in the Constitution. Moreover, the Prince can consult the Council, should he deem it useful, on matters concerning the interests of State. The Council of the Crown is composed of seven members of Monegasque nationality, appointed by the Prince for a period of three years. The President and three other members are freely selected by the Prince. The National Council proposes the three remaining members, from outside its assembly, who are then appointed by the Prince.

• ECONOMIC AND SOCIAL COUNCIL The Economic and Social Council is an advisory assembly established in 1945. Its main function is to give advice on social, financial, tourist, hotel, commercial, industrial, land and urban problems that concern the economic life of the Principality. Thus, the Economic and Social Council is consulted by the Government on draft laws or sovereign decrees applicable to any of the subjects mentioned above, and can also express its wishes on any matters within this domain. It is composed of thirty members, appointed for three years by sovereign decree: ten members presented by the Government according to their competencies, ten members chosen by the Government from a list of twenty names drawn up by the Association of Workers Unions, ten members chosen by the government from a list of twenty names drawn up by the Monegasque Employers’ Federation. he president and the two vice-presidents are appointed by the Prince. • NATIONAL COUNCIL The National Council stems from the 1911 Constitution. However, the Monegasque Assembly has a very long past; as early as the beginning of the XIIth century Monaco had already instituted representative councils. Members of the National Council are elected by direct universal suffrage. They vote on the laws and the annual budget of the State. The Prince has the right to dissolve the National Council and to bring about new elections. As far as External Relations are concerned, the National Council is required to put forward its opinion prior to the ratification of a number of treaties, particularly those that will change any existing Law. The number of National Counsellors rose from 18 to 24 following the 2002 Constitutional amendment. Two thirds of them are elected by a majority non-splitting vote system, whilst the remaining third are voted by a system of proportional representation amongst the various lists, enabling all political persuasions to be represented. Counsellors are elected from a list by direct universal suffrage, for a term of five years, by Monegasques of at least 18 years of age (prior to the reformation the civil majority age was fixed at 21 years). The National Council meets twice a year for an ordinary session; the duration of each session cannot exceed three months. Proceedings are published in the Official Journal: the «Journal de Monaco». In February 2003 Mr Stéphane Valéri was elected President of the National Council. The National council • TOWN COUNCIL The Town Council has fifteen members, elected for four years through direct universal suffrage and a list system, by all citizens of age, of both sexes and of Monegasque nationality. The Town Council, presided over by the Mayor or a deputy, deliberates on municipal affairs. Among other responsibilities, it is required to approve the local budget. The Secretary of State is required to consult the Council about: - urban development projects; - large public works projects; - public or private building projects; - projects to create or remove green areas and those likely to modify the appearance or aesthetic quality of the town or the urban traffic flow.

Monaco Port

LEGISLATIVE STRUCTURE

The Prince and the 24-member National Council (elected by direct universal suffrage) exercise joint legislative and budgetary power. The Prince proposes laws. The Government Council prepares the draft laws, in His name. The National Council passes laws and the national budget (at public sessions). This assembly does not have the power to overthrow the government. Only the Prince can promulgate laws, which are then published in the « Journal de Monaco » for the information of third parties.

Although the Prince has judicial power. He delegates it fully to the courts and tribunals, who dispense justice in his name, but with complete independence (there is no Minister of Justice in the Principality). The Judiciary - for the legal structure. At the first level of the hierarchy, there is a single judge: the Justice of the Peace (for civil matters) or Police Magistrate (for penal matters). The District Court (for civil and commercial matters) or the Magistrates’ Court (for penal matters). The Court of Appeal, ordinary jurisdiction to the second degree (to appeal against District Court sentences). The Court of Cassation. For criminal matters • The examining magistrate (also competent in criminal matters). • The Council Chamber • The Criminal Court (Court of Assizes); the death penalty was abolished in the Principality in 1962. • The Court of Cassation Exceptional jurisdiction • The Supreme Court (for constitutional appeals, administrative litigation and disputes over jurisdictional competence.) Specialised jurisdiction Specialised jurisdiction is required in the settlement of certain disputes (family, work, rent, commercial leases, expropriation).

THE NATIONAL BUDGET

• Some general points The national budget has a double role: to balance over time the state burden and public spending, to enable this to influence economic and social affairs. As a forecasting measure, the main function of the budget is to allocate the total amount of foreseeable resources to the different areas of expenditure. Its second function is to set the level of government subsidies for economic and social affairs. • Preparing, approving and applying the budget It is the government’s job to prepare the budget. It has to take into account the classic rules of yearly budgeting, universality and budgetary unity. - The national budget forecasts and authorises government spending for the duration of one calendar year. - The budget includes all government revenue and public spending. - All revenue and all expenditure are charged to a single account. The responsibility to approve the budget lies with the National Council alone*. Once the budget is passed it is up the government to apply it. Budget spending must be controlled for both administrative and financial reasons. This control is carried out by administrative organs and by a constitutional organ. It is the responsibility of the General Controller for Spending to pre-check the legality of all transactions, expenditure and revenue. It is the responsibility of the Higher Audit Board, established by article 42 of the constitution, to monitor the application of constitutional, legislative and statutory measures concerning the financial management of the state, commune and public institutions.

INTERNATIONAL RELATIONS

The Government has always strived to develop and reinforce its relations with the international community. Monaco has been a member of the UN since 1993, and a member of the Council of Europe since 5 October 2004. The Principality is also a member of various international organisations and institutions: • UN specialised institutions, such as: - International Atomic Energy Agency (I.A.E.A.); - United Nations Educational, Scientific and Cultural Organisation (U.N.E.S.C.O.); - Comprehensive Nuclear-Test Ban Treaty Organisation - World Intellectual Property Organisation (W.I.P.O.); - World Health Organisation (W.H.O.) etc. • Inter-governmental organisations, such as: - International Commission for the Scientific Exploration of the Mediterranean Sea (I.C.S.E.M.); - International Hydrographic Organisation (I.H.O.); - International Criminal Police Organisation (OCPO – Interpol) etc.

FRANCO-MONEGASQUE AGREEMENTS

The agreements signed between the Principality of Monaco and the French Republic at the Elysée Palace on 8th November 2005 bear witness to the strength of the ties established between both countries. The new Convention replaces that of 1930 - the latter being part of the history of relations between the two States. The agreements consist of: 1- the 2005 Convention 2- the Convention of judicial assistance with regard to penal matters 3- the exchange of letters 1- The Convention designed to adapt and to strengthen administrative co-operation This Convention replaces and updates the Convention dated 28th July 1930 «relating to the access by Monegasque citizens to certain public service positions in France and to the recruitment of certain Civil Servants within the Principality». The new provisions reinforce the special relationship between both States, by adapting and strengthening administrative cooperation. The Convention completes the Treaty that was signed on 24th October 2002, designed to adapt and to reinforce relations of friendship and co-operation between the Principality of Monaco and France. The Treaty itself is an update on the previous one dating from 17th July and is currently in the process of being ratified. The main points of the new Convention: - Public sector employment will be absorbed by Monegasque citizens, but French nationals will have priority with regard to any remaining unfilled positions; - Furthermore, Monegasque citizens will have access to positions within the French civil service under the same conditions as all citizens of the European Union member states; - Public figures chosen to be appointed as senior civil servants will be afforded equal trust by both States, with respect to the areas affecting their fundamental interests; 2- The Convention of judicial assistance with regard to penal matters The Convention is the result of the desire by both States to implement judicial assistance within the framework of their communal future on the one hand and, on the other hand, to improve common rules that are applicable within the area of judicial assistance with regard to penal matters. It replaces in part the current Convention dated 21st September 1949, which deals with mutual judicial assistance with regard to both civil and penal matters. 3- The Exchange of letters In response to the Principality’s wish to ensure that depository establishments for financial instruments on Monegasque territory adhere to an investor guarantee facility that is compatible with the standards adopted by the European Union, it has been decided to adjust the previous provisions relating to the exchange of letters. The provisions of the French monetary and financial Code relating to investor securities and the prudential supervision of maintaining financial instrument activity are therefore to be applied to Monaco.

Monaco Fontvieille

THE ECONOMY SITUATION

The smallest European state (2 km2) in the Mediterranean arc, the Principality of Monaco is recognized internationally as an independent economic platform. Prosperity is the fruit of a favourable environment, created by the country’s monarchs through remarkable political stability. In fact, the system of a Hereditary, Constitutional Monarchy guarantees stability, the continuity and the adaptability of its democratic institutions. The reign of Prince Rainier III has been a period of true economic acceleration and development. Through his vision and determination, the Sovereign Prince has built a prosperous, independent State, ready to face the 3rd millennium with confidence. As a member of the UN since 1993, and also part of the Euro zone, the Principality is proud of its Sovereignty and dedicated to making a valuable contribution to the numerous international institutions of which it is a member. Another factor behind Monaco’s thriving economy is the high level of security surrounding both people and property. Safety is a reality of life in the Principality, thanks to strong political convictions and effective preventive measures. Lastly, Monaco’s choice of a gentle tax regime is particularly favourable to the harmonious development of its companies.

RESOURCES (infrastructures and employment)

The Principality decided very early on to differentiate itself through the quality of its facilities. This drive for facilities has allowed the economy to develop and to attract investors, entrepreneurs and skilled labour to the Principality. Without raw materials to depend on, the Principality was forced to grow through other inventive and dynamic means. Tourism and the creation of the Casino at the end of the XIX century supplied the impetus for a tremendous new policy of building infrastructures. Prince Rainier III, nicknamed the builder Prince, gave new momentum to this facility-building strategy, with, for example, the extension of the Fontvieille area onto land reclaimed from the sea, inaugurated in 1981. The Principality is the only country in the world to have recently and peacefully increased the size of its territory by 20 %. In the face of geographic limitations, Monaco has equipped itself with infrastructures that favour its development thanks to a strong policy of public investment that represented 34 % of state budget in 2001. The results of this policy are witnessed through a growth in the number of employees in the private sector from 16 500 in 1985 to 38 773 in 2004. Overall, Monaco has 42 000 jobs for 32 000 inhabitants and every day 25 000 French nationals and 3 200 Italians come to work in the Principality. The Principality is an exceptionally multicultural environment with 125 different nationalities represented. The country enjoys a calm social climate. This dynamic, highly qualified workforce lies at the heart of Monaco’s prosperity.

An important feature of the Monegasque economy is without doubt its great diversity. 4 500 companies, including 1 500 retailers and professional people, are the driving force behind almost all the economic sectors along 2 km2. The industrial sector occupies more than 200 000 m2. Solutions to accommodate these companies have been put in place, with factories occupying different storeys and the selection of environmentally friendly businesses. International commerce represents 11 % of jobs with a turnover of 2.68 billion euros. The retail sector with 1 150 establishments boasts a turnover of 1,15 million euros. Within this diverse services sector, whether information technology or telecoms, transport or maritime services, banking or insurance, everything is at a stone’s throw for companies working in the Principality.

Monaco’s banking and finance sector, with more than 60 establishments, is experiencing strong, steady growth in a market essentially driven by private banking and characterised by precision and confidentiality. Still growing, tourism represents 13 % of the economy. In 2002, hotels were occupied to 64 % of capacity and business tourism made up 31 % of overnight stays. To accommodate this growing demand, the Principality has recently become equipped with a 55 000 m2 conference centre, the Grimaldi Forum Monaco. Real estate and construction have played an indispensable role in the country’s economy for a long time now. Still representing 8,2 % of Monegasque turnover, this sector is benefiting fully from the current move towards large-scale development.

The Principality of Monaco is therefore the home of a real economic community. Energy and a conducive environment have led to the emergence of a network of highly competitive companies. The skilled labour, reliability and capabilities of this town-state are now internationally recognised and have driven large groups like Soremartec (Ferrero Group), Single Buoy Moorings, among others, to set up in the Principality. Even the lack of space has had a positive role to play, with businesses concentrating on excellence and savoir-faire and offering greater added value. This limited territory also makes Monaco ideal testing ground for new products. One example is Monaco Telecom, who started live tests on UMTS in December 2001. For major distributors like Carrefour and FNAC, Monaco is also the perfect pilot market. Leading industries like pharmaceuticals and cosmetics are strongly represented in the Principality, particularly due to the presence of a skilled workforce and exceptional security conditions. Biotherm, Lancaster and Exsymol are some examples of laboratories established in Monaco. The construction industry is another important sector. Due to the specific requirements of local construction (anti-seismic standards, polders, sky scrapers etc.), building companies have acquired unrivalled knowledge in certain fields such as underwater and underground construction. Technology, particularly in the field of security, is also at the cutting-edge of progress. As for luxury, it finds its « natural » home in Monaco. Although Monaco’s 4 500 companies cover a variety of sectors, they all have something in common - the provision of excellence, a quality that gives them a strong position in the face of competition. They all contribute to making Monaco a successful role model.

Monaco photo

DEVELOPMENT

Following the creation of the Casino and the Société des Bains de Mer (SBM) at the end of the XIX century, three factories were set up in the Principality in 1906; a flour mill, a brasserie and a chocolate shop, enabling the government to finance the building of a platform on the sea. Since then, the inspiration has always been the same. Successive Sovereigns, with a perceptive vision of the future, have equipped the country to move forward. From a small state on the Mediterranean coast, Monaco has become a successful financial market and a major destination for business tourism, while creating an economic backdrop that is dynamic, innovative and competitive. Since its entry into the modern era, the Principality of Monaco has never ceased to move forward despite its natural limitations, showing surprising, if not amazing, growth. There is no denying that the progress of companies in Monaco has not gone unnoticed. In 1992, at the Conference of Rio, the Sovereign Prince outlined the Principality’s future direction when he made a commitment in favour of sustainable development. Monaco continues to evolve with daily concern for the environment. The railways have been moved underground and homes, offices and gardens will soon occupy the reclaimed land. Another example is the evolution in the choice of means of transport within the town, influenced by a strong desire to find clean energy sources. With the same concern for development, the Principality was equipped in 2000 with a conference centre allowing it to host several economic and cultural events at the same time within the pleasant surroundings of the Grimaldi Forum Monaco. Similarly, the Principality will be able to accommodate more yachts and cruise ships thanks to the extension to Port Hercule, with the construction of a unique, semi-floating breakwater.

THE COMBAT AGAINST MONEY LAUNDERING

The Principality of Monaco has, for many years, been committed to combating money laundering and it has reinforced its means to do so by way of Sovereign Order nr. 11.246 of 12th April 1994, amended by Sovereign Order nr. 15.454 of 8th August 2002, creating a specialist government unit: SICCFIN (Financial Circuits Information and Control Department). In 1995, SICCFIN became a member of the EGMONT Group, whose task is to strengthen international cooperation between various anti-money laundering units by promoting the exchange of information among members. It thus became the 7th member state. The Egmont Group currently comprises more than 100 countries. SICCFIN, in its capacity as representative of Monaco, is also a member of the Moneyval Committee of the Council of Europe and regional FATF; this committee ensures that member states have effective systems in force to counter money-laundering and terrorist financing, by implementing methodology in conjunction with the FATF and the IMF. A first on-site evaluation was carried out in the Principality in April 2002 by the IMF and a second in October 2002 by Moneyval. Both assessments showed the systems applied were adequate and satisfactory. In early 2004 SICCFIN set up its own website (www.siccfin.gouv.mc) on which all legal and regulatory texts are available, in addition to general information and activity reports. ITS MISSION This specialised administrative structure is in charge of collecting, researching, processing and distributing information about financial circuits through which dirty money changes hands. It is composed of commissioned, sworn in agents. This service is also the interlocutor for the financial and professional bodies from which it receives the ‘declaration of suspicion of money laundering’ established by law no.1.162 of 7 July 1993. To be more precise: • it has access to banking documents and information; • it has the right, on the basis of documents, to carry out on-site verification; • it has a right of opposition which allows it to suspend a transaction for a period of up to 12 hours. • it can, on the basis of documents, take the following on-the-spot action: - carry out any necessary checks, - conduct interviews with the directors or representatives of financial organisations as well as with any person likely to supply it with information about the affairs in question . - make sure that internal procedures are put in place, particularly concerning information and training. Lastly, it is the SICCFIN’s responsibility to carry out: • inspections of the surveillance systems in place within financial institutions to track down laundering and the funding of terrorism. Monaco also reinforced its links with the FATF in 2002 (Financial Action Task Force on Money Laundering), particularly through the Euro Monetary Convention. Thus, in accordance with the FATF’s six recommendations, the obligation to make a declaration to the SICCFIN applies to all sums and transactions likely to be linked to terrorism. NB: the framework within which these inspections are carried out is defined by the Sovereign Decree no.11.160 of 24 January 1994 and by the modified Sovereign Decree no.11.246 of 12 April 1994.

SANCTIONS AND GUARANTEES • Should a financial organisation fail to take account of the obligations imposed by article 18 of act 1.162 of 7 July 1993 modified by act no.1.253 of 12 July 2002, the Secretary of State can deliver one of the following administrative sanctions: - a warning, - a reprimand, - a ban on certain transactions, - a withdrawal of authorisation. Furthermore, penal sanctions can be imposed (art. 32), as well as fines (number 3 of art. 26 of the Penal Code and art. 33), should organisations fail to recognise their professional obligations concerning diligence. With regard to guarantees, the directors and employees of financial organisations who have declared suspicions, benefit from civil, penal and professional immunity from the possible consequences of these declarations; immunity that is applied even if the declarations prove to be unfounded. The same goes for transactions carried out where article 4 of the law is not applicable. INTERNATIONAL COOPERATION Striving towards international harmonization, the Principality of Monaco has reinforced its efforts to combat money-laundering, organised crime and terrorism, notably by: ♦ signing and ratifying the United Nations Convention against transnational organized crime and the Protocols relating to the illicit smuggling of migrants and trafficking in persons, enforced by way of Sovereign Order nr. 16.025 of 3rd November 2003. The Protocol on firearms and weapons is in the process of being ratified, ♦ becoming a member of the Council of Europe Convention on laundering, search, seizure and confiscation of the proceeds from crime, established in Strasbourg on 8th November 1990, ♦ signing, ratifying and enforcing in Monaco by way of Sovereign Order nr. 15.319 of 8th April 2002 the United Nations Convention on the financing of terrorism; its provisions were transformed into national law by way of Sovereign Orders nr. 15.320 and nr. 15.321 of 8th April 2002 NB: the Monetary Convention relating to the introduction of the Euro within the Principality which was signed in December 2001, includes a section on the combat against money-laundering. BILATERAL COOPERATION The Principality has developed a series of administrative agreements for cooperation and the exchange of information with foreign counterparts. Monaco has signed bilateral agreements with: • France (TRACFIN), on 17/10/1994; • Belgium (CTIF), on 20/10/2000; • Spain (SEPBLAC), on 12/12/2000; • Portugal (DCTIE/BIB), on 21/03/2001 • Luxemburg (Prosecutor’s Office of Luxembourg), on 03/04/2001; • Great Britain (NCIS), on 03/08/2001; • Switzerland (MROS), on 24/01/2002; • Liechtenstein (EFFI), on 05/09/2002; • Panama (UAF), on 26/11/ 2002; • Slovenia (OMLP) on 29/01/2003; • Lebanon (SIC), on 20/05/ 2003; • Italy (UIC), on 16/09/2003; • Ireland (MLIU), on 13/11/ 2003; • Malta (FIAU), on 05/02/2004; • Pologne (GIIF), on 16/04/2004 • Principality of Andorra (UPB), on 04/05/2004 • Mauritius (FIU Mauritius), on june 22, 2204 • Slovaquia (UFP-SR), on june 24, 2004 • Canada (FINTRAC), on october 25, 2004 • Peru (UIF), on noverber 30, 2004 • Thailand (AMLO), on april 04, 2005 • Romania (ONPCSB), on may 24, 2005

Monaco Beach

MAJOR CONSTRUCTIONS

Upon acceding to the throne in 1949, Prince Rainier III, harbouring the vision of a modern Principality, open to technical progress and economic diversity, established a policy of economic development coupled with a policy of « major construction ».

1958 - 1967 First extensions on the sea: Portier , Larvotto and the Sporting. 􀂃 9 ha reclaimed from the sea 􀂃 470 000 tons of rubble 􀂃 260 000 tons of natural stone 􀂃 1 110 000 m3 of embankment.  

1958 - 1964 First construction for underground railway 􀂃 before 1958, 3 km of railway cut the Principality in two 􀂃 first tunnel to Roquebrune-Cap-Martin : 3.5 km 􀂃 6 years of relentless work to complete this first stage

1966 - 1973 The Fontvieille platform􀂃 22 ha reclaimed from the sea 􀂃 10 years of building 􀂃 the Principality grew by 16 % 􀂃 1 500 000 m3 of embankment 􀂃 4 000 tons of reinforced concrete to build the dike  

1981 - 1984 Louis II Stadium 􀂃 Total surface area : 3 ha 􀂃 Capacity: 20 000 spectators 􀂃 9 200 m² of offices and 1 700 parking places 􀂃 120 000 m3 of concrete 􀂃 9 000 tons of iron framework

1978 - 1980 Incineration plant 􀂃 height 40m 􀂃 floor area 1 500 m² 􀂃 processing capacity 200 tons of household rubbish per day 􀂃 there have been three successive factories: the first from 1898 to 1938, the second from 1939 to 1979, and the current one since 1980 ▪ European standards are to be enforced by the end of 2006.

1986 - 1990 Water purification plant 􀂃 situated in a 10-storey building 􀂃 area of installation: 2 900m² 􀂃 built with the capacity to discharge the waste water of a town with 100 000 inhabitants

1993 - 1999 Second construction for underground railway 􀂃 Boring of a 2.8 km tunnel towards Cap-d’Ail,􀂃 More than 4 ha recovered around the old stat􀂃 The tunnellers crossed 200-million-yeargeological formations.

1993 - 1999 The new station􀂃 540 m long, 22 m wide et 13􀂃 535 000 m3 of excavations􀂃 200 000 tons of concrete 􀂃 200 tons of explosives used 􀂃 a building site of almost 200 work

1992 - 2000 Grimaldi Forum: on halls with a total surface area of 250 m long and 50 m wide

- 1990 - 1994 Tunnels and road links nel Rainier III to C* length 1 600 m * traffic 800 vehicles per hour ess tunnel to A8* length 1 560m 􀂃 2/3 built below sea level 􀂃 3 auditoriums offering more than 3 000 seats, 2 exhibiti8200 m² Grimaldi Forum Monaco

THE LATEST ACHIEVEMENTS

During the last decade, the urban landscape has witnessed the materialisation of three large-scale projects : THE RAILWAY DEVIATION Thirty years after the eastern end of the railway was put underground, the Principality did the same with the western side, from Sainte-Devote to just beyond Cap-d’Ail station, a distance of 3 km, one of which is on Monegasque soil. The work began in December 1993 to be completed eight years later. It included the boring of a mono-tube tunnel; the construction of an underground station with three platforms, 500 metres long, 22 metres wide and 13 metres high, as well as a 17-storey underground car park. 460 000 m3 of debris were removed, either via conveyor belt to waiting SNCF wagons, or via lorries to the Moyenne Corniche. The land recovered from this operation, commonly called « les délaissés de la SNCF (SNCF’s rejects) » represents a surface area of four hectares. In time, this will allow a floor area of 140 000 m3 to be built (for industrial or commercial use, housing,). More than half of the floor area will be dedicated to public areas, of which most will be green spaces. GRIMALDI FORUM MONACO Inaugurated in 2000, the Grimaldi Forum Monaco was built on the site of one of the two platforms built over the sea during the first deviation of the railway. A distinctive feature of this resolutely modern Cultural and Exhibition Centre is that it is built two-thirds below sea level – another example of technical innovation. It houses 70 000 m² of floor space on 10 levels, with a 1 900-seat amphitheatre hosting operas, ballets, concerts and conferences; another 800-seat amphitheatre for meetings; a 700 m-stage; 5-metre high semi-circular arches for operatic performances; a 4 200 m² exhibition hall and another of 3 700 m²; 13 meeting rooms which can be configured to suit as they are modular. THE REDEVELOPMENT AND EXTENSION OF PORT HERCULE The redevelopment and extension of Port Hercule (Condamine area), has a double objective: to provide the bay with the best possible protection from easterly winds, and to double the docking capacity for yachts while retaining an outer harbour for prestigious cruise ships. Cruise reception has had a growing impact on the Monegasque economy for the last few years. The port’s new infrastructures include a one hectare platform at the foot of Fort Antoine to which a 145-metre-long inner jetty in prestressed concrete has been added, built at the Chantiers de la Ciotat, supported at the ground end by the pier wall and at the sea end by a support chassis, and a semi-floating breakwater. The semi-floating breakwater was built in a single piece in Algeciras, near the Rock of Gibraltar. 352 metres long and 19 metres high, it was brought to Monaco during the summer of 2002, following a 900-nautical-mile-journey. It is linked to the platform, below Fort Antoine, by a metal ball-and-socket weighing 700 tons, built in Creusot. A technique called « mur d’eau fixe », for which Monaco has registered the patent, ensures the stability of the outer harbour. The mur d’eau fixe technique consists of mobilising the inertia of the water mass situated between the side of a chamber (in this case the breakwater) and the seabed, which is then transformed into a “wall” against which the incidental swell is reflected.

Monaco Stade Louise II

THE ENVIRONMENT

Due to its rapid development and the size of its territory, the Principality of Monaco is one of the most densely populated countries in the world today. As a result, the government has developed dynamic and consistent environmental policies. On a practical level, these policies are defined through several areas of action: preserving the natural « heritage » (gardens and green spaces), preserving the marine environment, and reducing pollution. MONACO, A CLEAN CITY The Principality of Monaco operates according to strict and efficient standards when it comes to managing household and industrial refuse collection, maintaining its buildings, safeguarding the quality of its water, cleaning public areas, roads, galleries, gardens, car parks etc. In order to do this, most tasks are outsourced. Waste management • Monaco is autonomous in collecting and processing waste that can be incinerated except when incineration poses a threat to security or to the environment. • Large waste, residue from incineration and toxic waste are removed and processed outside the Principality. Water purification Following the pre-processing stage carried out by the council, the Usine de Traitement des Eaux Usées (UTER) (Water purification factory), part of the Compagnie Monégasque des Eaux (Monegasque water company) takes over the purification. However, various public and private companies are entrusted with the work that requires invoicing, such as cleaning the waterways and air conditioning networks. PRESERVATION OF THE NATURAL HERITAGE (GARDENS AND GREEN SPACES) The Principality of Monaco offers an example of the balance between urban development and the conservation of green spaces, showing this natural site to its full advantage. This natural heritage, a target for conservation, offers an exceptional quality of life. Some history In the past, the vegetation of the Principality, like other towns in the South-East of France, was mainly composed of olive trees, citrus fruits, pine trees and cypress trees. During the XIX century, thanks to various scientific expeditions as well as to many enthusiasts, an impressive variety of Mediterranean and exotic species was introduced, giving rise to magnificent gardens, faithfully maintained to this day.

Other actions: reforestation, research, collaboration and agreements. Reforestation Sensitive to nature conservation in general and to its environment in particular, the Principality contributes, among other things, to the reforestation of neighbouring areas. The government, in association with the Association Monégasque pour la Protection de la Nature (A.M.P.N)* (Monegasque Association for the Protection of Nature) funded the replantation of more than 36 000 trees on 48 hectares, in the neighbouring areas of La Turbie and Roquebrune-Cap-Martin. Every year, 290 000 euros are dedicated to the reforestation of areas surrounding Monaco, to maintaining plantations and to the protection against fire

Research • The first mission of the CSM (Centre Scientifique de Monaco) Scientific Centre of Monaco, founded on 23 may 1960 by Prince Rainier III, was to participate alongside the International Agency in «international action for the Peaceful Atom” and to support international organisations working for the protection of marine life, activities which were then transferred to the Environment Service. From 1990, the CSM was dedicated exclusively to research, establishing on 26 february 1991 the European Oceanological Observatory (EOO). • The EOO of the CSM is recognised by the international scientific community, and works with the best Italian, American, Israeli and Japanese laboratories, among others.

Collaboration • On the initiative of Prince Albert I, the International Commission for the Scientific Exploration of the Mediterranean Sea (ICSEM) was created in 1908, signalling the beginning of a long tradition of collaboration with various international organisations, all working jointly for the study and protection of the sea bed. • The ICSEM collaborates with 500 laboratories in the Mediterranean region, 50 countries, 2000 researchers and 11 scientific committees for large-scale projects, such as the analysis of plankton cycles or the observation of 300 Red Sea species.

Agreements • Monaco played a leading role in the creation and functioning of agreements such as RAMOGE or ACCOBAMS. With its Mediterranean neighbours, it works for the prevention of threats, in order to create a sanctuary for marine life, and safeguard its habitat and species. • Monaco funds 10% of the annual budget of about 150 000 euros. The RAMOGE Agreement, (Saint-Raphael - Monaco - Genoa.) • 1976: the agreement is signed. France, Italy and Monaco collect information and discuss ways of preventing and fighting marine pollution in the coastal areas of Provence Alpes Côte-d’Azur, the Principality of Monaco and Liguria • 1981: the agreement is brought into force • 1993: the agreement is reinforced by the RAMOGEPOL plan (the combat against accidental marine pollution and oil tanker risks). • 2003: an updated version of the Ramoge agreement is signed which is still in force today in France and Monaco • 2005: a new RAMOGEPOL plan. Cooperation regarding air surveillance. The task force in charge of preventing pollution (oil tanker risks) reinforces its efforts with the aim of becoming an «experimental laboratory» to test certain programmes. ACCOBAMS This concerns an agreement for the Conservation of the Cetaceans in the Black Sea, the Mediterranean and the adjacent Atlantic zone.

GARDENS

Sovereign Order nr. 3647 of 9th September 1966, (art. 56), stipulates that all construction work compulsorily has to maintain or create planted areas, varying between 35% and 50%, depending on the situation, and 65% if the property belongs to a green area defined on the zoning plan. In 2005, the total green surface area amounted to almost 445,000 m2 (of which 300,000 m2 is accessible to the public); in other words more than 20% of the Principality’s total surface area. This represents 13.8 m2 of green area per inhabitant, one of the highest ratios in Europe (excluding so-called “peri-urban” parks).

THE JARDIN EXOTIQUE • Created in 1913 on the initiative of Prince Albert Ist, this garden, mainly composed of exotic plants, was created in the middle of the steep rocks of the massif de l’Observatoire. • It took twenty years to complete the garden, due to the number of precautions that had to be taken, when putting in the plants. Most came from the Jardins Saint-Martin or from horticultural establishments along the coast. • 13 february 1933: the Jardin Exotique was officially inaugurated by Prince Louis II. • Nowadays, more than 150.000 visitors per year walk inside the largest rockery of succulent plants in the world.

LA ROSERAIE PRINCESSE GRACE (Rose Garden)

• Opened on 18 june 1984 as a tribute to Princess Grace from her family, today the rose garden blooms with 5 500 rosebushes spread over 4 000 m2.• 350 varieties of rose, of eight different types, can be discovered in this exceptional park. It is important to emphasise that almost fifty people donated these botanical treasures, and in so doing contributed to its magic.

THE JAPANESE GARDENS It was designed by a Japanese architect in 1990 and opened in 1994. Situated by the Grimaldi Forum Monaco, this garden is a true haven of peace composed of cascades and ponds, shingle beaches, belvederes, bamboo fences, and a teahouse. The acclimatization of these plants and shrubs brought back from the Nara plain or from the outskirts of Kyoto is a wonderful achievement.

Monaco Grand Prix

PRESERVATION OF THE MARINE ENVIRONMENT

Preservation of the marine environment is a traditional part of the Principality’s environmental aspirations.

SITUATION Monaco is located at the heart of the Mediterranean – Black Sea region. Its maritime area stretches from the coastline (3.3 km) to 12 nautical miles (22.22 km); namely 73.3392 km2 of territorial waters. The waters extend into an “ecologically protected” area, recognized in an agreement signed by Prince Rainier III and President Miterrand on 16th February 1984. The area of 220.0176 km2 entitles the Principality to the exclusive use of resources from this area out to 36 miles at sea.

SOME HISTORY • From antiquity, the first inhabitants lived from fishing and harbour trade then, in 1297, François Grimaldi managed by a cunning ruse to seize the Rock, accessible only from the sea. • Until the railway was built in 1865 and Monaco had become a successful tourism destination, it was able to develop thanks to the transportation of materials by sea. • It was Prince Albert Ist, the oceanographic prince, who positioned the Principality firmly on the path to its scientific and maritime destiny. • Prince Albert Ist was the first to explore the seabed from july 1885 to may 1915, and to invent instruments needed to collect different species. • To ensure that his work would not be lost, the Prince created the Oceanographic Foundation and two establishments: the Oceanographic Museum, opened on 29 march 1910, and the Oceanographic Institute, on 23 january 1911. • We owe to Prince Albert 1st, the first measurements of light penetration into the sea, the first continuous coastal surveillance programme and, and on a more practical level, the first water purification network in Europe. • At the end of the XXth century, the sea was in danger and the Monegasque marine heritage exposed to risks from the open sea. Global warming, oil transport, the risk of oil slicks, the need to extend land into the sea to the detriment of the original shore were all reasons for Monaco to react and equip itself with suitable tools. And so HSH the Sovereign Prince continues the work of his grandfather, with the oceanographic Museum as its showcase.  • Initiated by Prince Albert Ist to enable the public to benefit from his research and scientific discoveries, the museum was opened on 29 march 1910 and exhibited tropical fish in 1931, a first in Europe. • From 1957 to 1988, it was directed by Captain Jacques-Yves Cousteau. Today it is directed by Prof Jean Jaubert. • The museum was built on three levels with a surface area of 3 000m2; its imposing façade was constructed along a 100m wide cliff face, 85 m above the sea. Because of its structure, the museum has a unique aquarium of 90 tanks in two different zones, Mediterranean sea and tropical seas. • A total of 6 000 specimens make up this vivid collection; 350 species of fish, 200 species of invertebrates and a hundred or so corals live in this ecosystem. The fauna of the Mediterranean Sea, with at least a hundred of the species of fish alive, constitutes a noteworthy collection.

CULTURE

Successive Princes, important patrons of the arts, who were convinced of the rewards of intense cultural activity, gave Monaco the necessary infrastructures and means for its cultural development. In order to maintain Monaco’s position as an international cultural metropolis, and because culture is a powerful economic vehicle for a sovereign state, the government provides, through the funds it allocates to this domain (circa 4.68 % of the total state budget – 30 Millions euros) constant support to cultural institutions. In this way, it favours their growth, while allowing them to diversify their programming to a maximum.

CULTURAL ESTABLISHMENTS

Monte-Carlo Opera A true gem of Monegasque architectural and cultural heritage, the Salle Garnier, erected in 1879, has played host to various operas every year between January and April since 1892. Closed between 2003 and 2005 the Salle Garnier reopened for the Monaco National Holiday on 19th November 2005. Monte-Carlo Philharmonic Orchestra The Monte-Carlo Ballet Under the impetus of Princess Grace, in 1985 the Principality revived the choreographic tradition of the Russian ballets of Diaghilev, by creating a permanent ballet troupe. In 1993, HRH Princess of Hanover appointed Jean-Christophe Maillot, as the troupe’s choreographic Director. He has worked throughout the decade to enable the company to make its name as one of the most prestigious troupes, through creativity and international exchanges (he has received visits from numerous choreographers). Under the patronage of HRH the Princess of Hanover and sponsored by HSH Prince Albert II and the Government, the Orchestra boasts an enviable position within the international music scene; since it was founded, is has been led by globally renowned conductors, such as A.Toscanini, R. Strauss, B. Walter and L. Bernstein and musical directors including Paul Paray, Igor Markevitch and Lawrence Foster. Under the patronage of HRH the Princess of Hanover and sponsored by HSH Prince Albert II and the Government, the Orchestra boasts an enviable position within the international music scene; since it was founded, is has been led by globally renowned conductors, such as A.Toscanini, R. Strauss, B. Walter and L. Bernstein and musical directors including Paul Paray, Igor Markevitch and Lawrence Foster.

Prince Pierre Foundation of Monaco Since 1924, thanks to the positive influence of Prince Pierre de Polignac, a tradition of conferences goes on to this day in the Principality. Well-known personalities from the world of literature, such as Jean d’Ormesson, Hélène Carrère d’Encausse, Yves Coppens and Hubert Reeves have been among its many orators. As a tribute to his father and to perpetuate the tradition, the Sovereign Prince created the Prince Pierre Foundation of Monaco on 17 december 1966. Every year, three prizes are awarded with the aim to encourage contemporary creation: 􀂃 a Literature Prize (1951); 􀂃 a Musical Composition Prize (1960); 􀂃 a Modern Art Prize (1965). Le Printemps des Arts Created in accordance with the wishes of HSH Princess Grace in 1984, this internationally renowned festival takes place every year in april. Member of the European Association of Festivals, it develops a musical programme linked to the creation of a large number of cultural events. Presided over by HSH Princess of Hanover, it contributes to making the Principality throughout six weeks a place of choice for music lovers.

MAIN CULTURAL EVENTS

The scale of effort made, demonstrated through the government’s cultural policy programme, can also be seen in the organisation of various events of international significance, that bear witness to the government’s desire to offer a varied programme of cultural events to meet every taste.

The International Circus Festival Founded in 1974 by Prince Rainier III, the festival strives to promote artistic talent that is all too often mistakenly considered insignificant. Every year, the Festival bestows Gold, Silver and Bronze Clown Awards, which have often been likened to Film Oscars.

Festival of Magic This festival was created in 1985 and awards special prizes as well as « golden and silver wands » to the best acts.

World Festival of Amateur Theatre Created in 1957. Every four years during the month of August, the best amateur theatre groups in the world are united at this festival. Under the patronage of HSH Prince Rainier III, the festival is supported by the government, the Agence de la Francophonie (Agency of the French-speaking world) and UNESCO.

Festival of Fort Antoine This festival offers performances every year from july to september. Since 2001 the Cultural Affairs Division has had the pleasure of offering open-air performances in public places, squares and gardens, bringing new spaces to life.

International Sculpture Festival Created in 1987 this festival presents every two years a selection of the most representative and promising contemporary artists. At the end of each exhibition, the government generally purchases certain works, and in so doing has been able to put together an international collection of monumental sculptures, exhibited throughout the town.

 European Heritage Days In 1994, the government signed the European Cultural Convention of the Council of Europe. Through this subscription, the Principality contributes to the objectives of the Council of Europe, namely, increasing public awareness of the multicultural nature of our heritage, for better understanding between the peoples of Europe. In 1996, Monaco participated for the first time in the European Heritage Days.

Monaco Dance Forum (MDF) Presided over by HRH Princess of Hanover, the MDF, opened in 2000, takes place every two years in december.

CULTURAL FACILITIES

In order to enable the many contributors to the cultural life of the Principality to have at their disposal public areas and facilities needed for their activities, in the last few years the government has carried out significant renovation and construction work in order to maintain certain facilities in working order such as the Auditorium Rainier III and the salle de l’Opéra Garnier. Furthermore, to complement existing facilities, no longer adequate to cope with demand, the government has begun a vast programme to construct new facilities: a multipurpose area, ballet rehearsal rooms, an exhibition room and artist’s studio.

THEATRES Auditorium Rainier III - 1 100 seats Salle Garnier - 524 seats - Théâtre Princesse Grace - 400 seats - Théâtre des Variétés - 350 seats - Salle Polyvalente – Espace du Canton - 1 200 seats –

SHOWROOMS Quai Antoine 1er Showroom Since 1981, the construction of numerous factories in the Fontvieille area has gradually liberated large areas of quayside, now used for cultural and leisure purposes. These buildings have been completely repaired and converted. They constitute an important media centre with TMC, RMC, the Press Centre; nine artist’s studios awarded to internationally renowned artists (Adami, Arman, Botero, Cane, Folon, Fuchs, Sosno, de Sigaldi, Verkade); the workshops of the Monegasque National Committee of the UNESCO International Association of Plastic Arts; a 1000m² showroom dedicated to Fine Art as well as a large Modern Art gallery. Since its inauguration in 1997, the showroom has hosted numerous museum-style exhibitions as well as events organised by cultural associations. It is managed by the Cultural Affairs Division.

Exhibition Space in the Grimaldi Forum Two spaces of 4 000m² each within the Grimaldi Forum Monaco was created to host international art exhibitions.

MUSEUMS

There are numerous museums in the Principality, but in reality they are private collections from a variety of disciplines (artistic, scientific, historic etc.), some of which have been placed under the care of the Cultural Affairs Division. - Musée du Souvenir Napoléonien et la Collection des Archives du Palais - Musée des Timbres et des Monnaies. This museum houses the private collection of HSH the Sovereign Prince, as well as rare philatelic pieces from the Principality’s postal history. - Musée National (under the care of the Cultural Affairs Division) Rare collection of automatons and dolls put together by Madeleine de Galéa, - Musée d’Anthropologie Préhistorique (under the care of the Cultural Affairs Division) Created by Prince Albert Ist, it displays a series of sepultures, hand-made objects as well as animal remains. The Cultural Affairs Division has begun examining the national scientific collections, in collaboration with Professor Yves Coppens, in order to resume research activities, and at the same time to exploit the wealth of this jewel of the Principality’s heritage. - Chapelle de la Visitation (under the care of the Cultural Affairs Division). Collection of works of art - Exposition de la Collection de Voitures Anciennes de S.A.S le Prince de Monaco. - Musée Naval Private collection of models of famous ships. - Musée Océanographique (under French trusteeship). Opened in 1910 by Prince Albert Ist, it contains the most rare species of fish of the world’s seas, as well as numerous skeletons and animal specimens. - Jardin Exotique Collection of succulent plants.

the aim of providing everyone with access to Culture, the government, through the Cultural Affairs Division, puts great emphasis on promoting cultural activities and practices. Académie de Danse Classique Princesse Grace Created in accordance with the wishes of Princess Grace, this school, run by Mrs Marika Besobrasova, offers a multi-disciplinary education with the aim of enabling students from all over the world to become all-round artists and professional dancers. Académie de Musique (Fondation Prince Rainier III) Founded in 1921, under the impulse of the government anxious to broaden musical education in Monaco, this school, at its creation (Ecole Municipale de Musique until 1956), only provided basic musical training under the supervision of its first director, the cellist and composer Louis Abbiate. Ecole Municipale d’Arts Plastiques Under the supervision of the Mairie, in connection with the French Ministry of Culture, higher national diplomas in plastic arts can be prepared, such as those awarded in French schools. A Franco-Monegasque agreement was signed on 11th June 2004 relating to the mutual recognition of artistic higher education programmes (specialized in plastic arts).

INTERNATIONAL COOPERATION

For several years now, the Bureau of International Cooperation, Department of External Relations, has been implementing the Government’s desire to reinforce its efforts of cooperation in the field of the environment and development. Through such cooperation, Monaco has placed particular focus on promoting environmentally-friendly development programmes. It also helps to combat world poverty and strives to improve Health and Education in the wake of the United Nations Millennium Development Goals. The Bureau of International Cooperation is responsible in particular for: - identifying, establishing and monitoring (technically and financially) cooperation programmes in the fields of the environment and development; - co-ordinating joint action with Monegasque Non-Governmental Organisations (NGO) that are active internationally, and managing the funds that are allocated to them; - following through international Conventions within the fields of the environment and development. After becoming a member of the UN in 1993, the Principality reinforced its policy of bilateral cooperation, by supporting reforestation programmes in Lebanon and the preservation of nature reserves in Bulgaria. In 1998, measures to foster international cooperation with regard to the Environment and Development were introduced, enabling the Principality to strengthen its position internationally on the long-term and to establish closer ties with various Mediterranean and African countries. Since 2003, the Bureau of International Cooperation has been responsible for specific activities in accordance with the Principality’s policy for international cooperation. In 2004, the Bureau carried out about thirty projects in 18 countries, mainly in the Mediterranean and African regions. The total cost for these activities amounted to 1,163,000 euros, whereas the global Official Development Assistance (ODA) of the Government was 2,290,000 euros for the same period. The African continent is the main beneficiary of Monegasque financial aid, receiving 63.8% of all funds, 76.9% of the ODA was allocated to French-speaking countries. Potential new plans of cooperation with Burkina Faso, in addition to other various projects and action plans were discussed at the Xth Summit of Francophone Heads of State and Governments and are currently under consideration. Coordination of synergy with Monegasque NGOs continues. In 2004, four projects were carried out in conjunction with: - AMADE to set up professional training workshops in Senegal; - Monaco Aide et Présence (MAP) to rehabilitate a palm grove in Morocco; - The Monegasque Red Cross and Mission Enfance to build a centre for disabled children in Morocco; - Mission Enfance to construct a school in Niger. The Principality’s efforts of cooperation partly depend on the development of its technical skills. Certain projects offer government departments the opportunity of getting involved in their technical supervision and of sharing know-how and skills within the framework of training programmes. An increase in such synergy was noted in 2004.

HUMANITARIAN ACTION

 A large number of associations exist in the Principality, developed out of a tradition of generosity towards the international community. Among the most important are:

THE MONEGASQUE RED CROSS The Monegasque Red Cross, created in 1948 under the impetus of Prince Louis II, was admitted the same year to the International Federation of Red Cross and Red Crescent Societies, and then joined the international Red Cross movement in 1949, the year it subscribed to the Geneva Convention. Presided by HSH Prince Albert II, the Monegasque Red Cross regularly contributes to development assistance operations in all continents. Between 1996 and the present day, this financial aid has risen to more than 7 million euros. These actions are funded by donations, legacies and profits from the annual Gala which always takes place on the first Friday in August.

L’ASSOCIATION MONDIALE DES AMIS DE L’ENFANCE (AMADE) (World Association of Children’s Friends) Created in 1963 by Princess Grace, the World Association of Children’s Friends (AMADE) is a non-governmental organisation granted consultative status by UNICEF, UNESCO, the Council of Europe and the Economic and Social Council of the United Nations. Its aim is to protect life and to safeguard the physical and moral integrity of children against the threats posed by drugs, violence and prostitution. Since 1963, the Association has grown significantly throughout the world.

MONACO AIDE ET PRESENCE (MAP) Created in 1979, the Association Monaco Aide et Présence has been carrying out humanitarian operations for over twenty years in five continents, with its main focus on providing assistance to children in need. Thanks to an operations budget subsidised by the state, the association can allocate to each humanitarian project the total amount of donations it receives, such as proceeds from fundraising evenings and charity galas etc. Every project is followed by a member of the management board, who works in conjunction with a local representative. MAP’s actions give priority to two main areas of development: - Education - through the creation or restoration of educational infrastructures; - Health – through the creation of specialist care and first aid structures. For the last six years, the intervention of Monaco Aide et Présence has played a positive role in fifteen or so countries with the construction, restoration and funding of educational, medical, health care and social welfare structures.

MISSION ENFANCE Created in 1991, thanks to the support of private sponsors, but also with the help of the government, Mission Enfance brings aid to children in difficulty throughout the world. Working on the ground, Mission Enfance finds and puts in place the means to meet its objectives, with a particular goal – to provide education for children. 98 % of donations made to the association are allocated to setting up and carrying out humanitarian aid. The running costs of the association’s head office in the Principality are mainly covered by government subsidies. Since it was created, the association has provided humanitarian aid to some 200 000 beneficiaries in 18 countries, including Madagascar, Chile, Senegal and Morocco.

 
 Monaco Casino