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<html> <head> <meta name="Generator" content="Corel WordPerfect 8"> <title>MARCHI TO LEAD CANADIAN BUSINESS DEVELOPMENT MISSION TO ITALY</title> </head> <body text="#000000" link="#0000ff" vlink="#551a8b" alink="#ff0000" bgcolor="#c0c0c0"> May 11, 1998 No. 115 MARCHI TO LEAD CANADIAN BUSINESS DEVELOPMENT MISSION TO ITALY International Trade Minister Sergio Marchi will lead a Canadian business development mission to Italy, May 18 to 23. Minister Marchi will be accompanied by Minister of Public Works and Government Services, Alfonso Gagliano, and a delegation of Canadian parliamentarians, as well as representatives of approximately 60 Canadian firms. "Our visit will serve to reaffirm the importance that we attach to this bilateral relationship, and to identify new opportunities for strengthening our trade and investment ties," said Mr. Marchi. The Canadian business delegates, representing the aerospace, telecommunications, automotive and other sectors, will participate in a range of business events. These events include business seminars with their Italian partners, a meeting with Italian Communications Minister Antonio Maccanico, sectoral working group sessions, and presentations by key Italian business leaders. The delegation will be in Rome, from May 18 to 20, and in Milan from May 21 to 23. Italy is Canada's ninth-largest trading partner and twelfth largest export market. Canada's exports to Italy for 1997 amounted to $1.3 billion, while Italian exports to Canada were $2.8 billion. Canadian investment in Italy was $744 million for 1997, while Italian investment in Canada was $381 million, although final calculations could bring it to approximately $1 billion. "As home to 1.5 million Canadians of Italian origin, Canada has a comparative advantage, when it comes to doing business with Italy," said Mr. Marchi. "These strong people-to-people ties between Canada and Italy will continue to shape and enhance our business relationship in the future." At the same time as the business delegation, Prime Minister Jean Chrétien will also be in Italy for an official bilateral visit. The Prime Minister and Minister Marchi will meet with the Canadian business people in Rome and in Milan. Prior to the arrival of the business development mission in Italy, Minister Marchi will attend a number of other events in Europe. In London, the Minister will take part in the reopening of Canada House on May 13 and participate in the Canada-European Union Summit with Prime Minister Chrétien on May 14. Minister Marchi will spend May 15 to 18 in Northern Italy promoting the Canada-Italy people-to-people business ties, and will address several business groups including the Turin Industrialists' Association and the Chamber of Commerce of Udine. On May 18 and 19, Mr. Marchi will attend the World Trade Organization (WTO) Ministerial Conference and the 50th anniversary celebration of the General Agreement on Tariffs and Trade (GATT). - 30 - A draft list of the business delegation is attached. For further information, media representatives may contact: Leslie Swartman Office of the Minister for International Trade (613) 992-7332 Media Relations Office Department of Foreign Affairs and International Trade (613) 995-1874 This document is also available on the Department's Internet site: http://www.dfait-maeci.gc.ca A Draft List of Canadian Companies Participating in the Business Development Mission to Italy Abipa Canada Inc., Laval Québec Advanced Cultural Technologies (ACT) Cinemage Group, Vancouver, British Columbia Aerospace Industries Association of Canada, Ottawa, Ontario Aerospace Welding Inc., Blainville, Québec Air Base Property Corporation, North Bay, Ontario Airport Railing Co. Ltd., Mississauga, Ontario Altex Extrusion, Laval, Québec Avantech Software Inc., Montreal Québec Banca Commerciale Italiana of Canada, Toronto, Ontario Bell Canada International, Montreal, Québec Bell Helicopter Textron, Mirabel, Québec Bombardier Inc. - Canadair, Amphibious Aircraft Division Montreal, Québec Bristol Aerospace Limited, Winnipeg, Manitoba Business Council on National Issues, Ottawa, Ontario CAE Electronics Ltd., St-Laurent, Québec Canadian Commercial Corporation, Ottawa, Ontario Canadian Heritage Information Network, Hull, Québec Cipher New Media Inc., Toronto, Ontario Corporation de Développement Économique et Coopération Internationale du Québec, Montreal, Québec Delastek Inc., Grand-Mère, Québec Dellcom Industries Inc., Concord, Ontario Export Development Corporation, Ottawa, Ontario Frank De Angelis Construction Limited, Windsor, Ontario General Electric Inc., Mississauga, Ontario Heenan Blaikie Law Firm, Montreal, Québec Héroux Inc., Longueuil Québec Innovitech Inc., Montreal, Québec Interfast Inc., Rexdale, Ontario International Minicut Inc., Montréal-Nord, Québec Italian Chamber of Commerce in Canada, Montréal, Québec Italpasta Ltd., Brampton, Ontario K.B. Electronics (1989) Limited, Bedford, Nova Scotia KPMG, North York, Ontario LCSI Logo Computer Systems Inc., Montréal, Québec M.B.M. Tool & Machine Company Limited, Woodbridge, Ontario Martin Daniel Interiors Inc., Downsview, Ontario MECCA Media Group, Edmonton, Alberta Med-Eng Systems Inc., Ottawa, Ontario Montecassino Place Limited, Downsview, Ontario Montreal Urban Community Economic Development Office, Montréal Québec National Arts Centre, Ottawa, Ontario National Research Council Canada, Ottawa, Ontario NorAmerica, Etobicoke, Ontario Open Learning Agency, Victoria, British Columbia Pasta D'Aurum (Canada) Inc., Swift Current, Saskatchewan P.E.I. Department of Economic Development and Tourism, Charlottetown, Prince Edward Island Pathfinder Learning Systems Corporation, Toronto, Ontario Public Technologies Multimédia Inc.,Montreal, Québec Russo Foods Limited, Weston, Ontario Shade-o-Matic, North York, Ontario Shaw Communications, Inc., Calgary, Alberta Silicon Graphics Canada, Mississauga, Ontario SkyLink Aviation Inc., Toronto, Ontario Southmedic Inc., Barrie, Ontario Standard Aero Ltd., Winnipeg, Manitoba Watson, Goepel, Maledy Barristers and Solicitors, Vancouver, British Columbia </body> </html>

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