By: Keith Morrison |Contributing Writer
Monaco |March 13, 2026| On Thursday, March 12, 2026, Ambassador Yorlay held a productive meeting with Mr. Philippe Ortelli, President of the Federation of Monegasque Enterprises (FEDEM), to discuss strengthening economic cooperation and expanding investment opportunities between Monaco and Liberia.
During the meeting, Ambassador Yorlay presented Liberia’s ARREST Agenda for Inclusive Development, highlighting opportunities for Monegasque enterprises across key sectors, including mining, agriculture, infrastructure, tourism, manufacturing, and digital services.
The Ambassador emphasized Liberia’s interest in mutually beneficial partnerships that can help address challenges in critical sectors —particularly in energy and road connectivity—to help address any constraints to sustainable economic growth and job creation.
Ambassador Yorlay also reaffirmed the Embassy’s readiness to support FEDEM in organizing a future business delegation to Liberia to further explore investment prospects and strengthen bilateral economic ties.
In response, Mr. Ortelli expressed appreciation for Ambassador Yorlay’s efforts to promote Liberia’s interests and explore avenues for establishing long-term partnerships with Monegasque enterprises.
He indicated his willingness to connect the Embassy with relevant companies in Monaco, particularly those involved in energy and road infrastructure development.
Mr. Ortelli further noted that the Federation of Monegasque Enterprises comprises approximately 800 companies operating across various sectors of the economy and expressed his commitment to facilitating connections between the Embassy and institutions aligned with Liberia’s development priorities.
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