France–Monaco relations signed the Treaty of 1945 and the Agreement of 1963 on furthering their relationship. In 2002, the laws deriving from the Treaty of Versailles that governed relations between Monaco and France were renegotiated. It was finally ratified in 2005 with new terms that: upgraded France's representation from a consulate to that of an embassy; permitted other countries to accredit ambassadors to Monaco; and, formally recognised Monaco's ruling Grimaldi dynasty's succession scheme that was initially set out in the 1962 constitution, and which also extended eligibility to the ruling prince's daughters and other family members. The European External Action Service has
Prince's Palace of Monaco a steady stream of visitors from Byblos, Tyre, and Sidon. Later the Phoenicians came to trade silk, oil, and spices with the natives. It was the Phoenicians who introduced to this area of the Mediterranean their god Melkart, later known by the Romans as "Hercules Monoikos". It was after this god that the Romans renamed the area "Portus Hercules Moneici", which has evolved to the present name of Monaco. The seat of the Prince of Monaco was established on the Rocher de Monaco ("Illustration 5") as a fortress in 1191 when the harbour, that is today lined by Monte Carlo,