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Between Italy and France on the Côte d’Azur lies Monaco, a synonym for luxury. A place where the international elite gather, a harbor for the most beautiful yachts and a prestigious location for the most prestigious events. Monaco is second smallest independent state in Europe after the Vatican, located on the Mediterranean coast of France just a few miles from the Italian border. Its principal industry is tourism. The country is a narrow strip of coastline between the Alps-Maritimes foothills and the sea.