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Wednesday, May 07, 2025

Pierre-André Chiappori Strengthens Economic and Diplomatic Ties During Japan Visit

Pierre-André Chiappori Strengthens Economic and Diplomatic Ties During Japan Visit

Monaco's Finance Minister engages in discussions with Japanese officials to enhance bilateral cooperation and economic relations.
From April 16 to 21, 2025, Pierre-André Chiappori, Monaco's finance and economy minister, undertook an official visit to Japan, aiming to strengthen economic and diplomatic ties between the principality and the island country.

The visit occurred against a backdrop of shifting global trade balances and an emphasis on enhancing bilateral cooperation.

In Tokyo, Chiappori met with Japan's Vice Minister of Finance and his counterpart responsible for financial services.

The discussions focused on the economic prospects of both nations and the future framework of their collaboration.

Chiappori highlighted Monaco's strengths and discussed a draft tax agreement currently being negotiated between Monaco and Japan.

This agreement is aimed at facilitating economic exchanges and the settlement of residents, serving as a strategic avenue for bolstering bilateral relations.

Chiappori expressed a wish for the agreement to be finalized expeditiously.

The visit also provided an opportunity for Chiappori to engage with various figures from academia, business, and diplomacy.

He was received by the Japanese Columbia University Alumni Association, an institution where he has taught for an extended period.

Additionally, he met with the French Ambassador to Japan, representatives from Credit Agricole Japan, the University of Tokyo, and the Mitsubishi Research Institute.

These discussions aimed to showcase Monaco's position in the global economy and explore future avenues for collaboration.

During a presentation to the French Chamber of Commerce in Japan, Chiappori detailed the Monegasque economy, emphasizing its unique economic model characterized by a high level of service, political stability, transparent taxation, and a strong international openness.

The trip continued in Osaka, where Chiappori visited the site of the 2025 World Expo.

He toured pavilions from various countries, including Japan, France, Saudi Arabia, Spain, Singapore, and San Marino, and had discussions with organizers of the upcoming World Expo scheduled for Saudi Arabia in 2030. Central to this visit was the Monaco pavilion, designed to showcase the economic, scientific, and cultural vitality of the principality.

Chiappori met on-site teams, acknowledged the efforts of the Tourism and Conventions Directorate, and conversed with Japanese partners at a reception hosted in his honor.
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