U.S. DEPARTMENT OF COMMERCE ENVIRONMENTAL TECHNOLOGIES TRADE MISSION TO SPAIN AND PORTUGAL -- SUMMER 1998 February 9, 1998 For more information, contact: Anne M. Novak, Project Manager Environmental Technologies Exports Tel: (202) 482-8178 Fax: (202) 501-7909 DEPARTMENT OF COMMERCE TO LEAD ENVIRONMENTAL TECHNOLOGIES TRADE MISSION TO SPAIN AND PORTUGAL -- SUMMER 1998 Washington, D.C. -- (February 9, 1998) -- The U.S. Department of Commerce's Environmental Technologies Exports Office is sponsoring an environmental technologies trade mission to Madrid, Barcelona and Lisbon from June 25 -- July 3, 1998. Participating U.S. companies will meet with Spanish and Portuguese environmental industry executives selected by the U.S. Department of Commerce for their specific environmental equipment and services needs. In order to meet European Union standards, an estimated $8.5 billion will be spent on environmental improvements over the next five years on the Iberian peninsula, where U.S. companies already are held in high regard. In 1996, U.S. exports to Spain were $1.4 billion, 36 percentof the total environmental technologies import market. To Portugal, U.S. environmental technologies exports were $333 million, 12 percent of its environmental technologies import market. This trade mission offers the following services for assistance in entering these burgeoning markets: Prescreened appointments with buyers of environmental technologies Marketability assessment of technology or service Briefings by experts on conducting business in Spain and Portugal Local publicity of products and services Specific market research on environmental technologies and services Logistical support Meeting space, hospitality and interpreter services By joint venturing with Spanish and/or Portuguese firms, U.S. companies can also become partners in projects eligible for local funding and generous European Union grants; and at the same time gain easier access to other European and African markets. The participation fee is: $3,000. Contact Anne Novak for details. Phone; (202) 482-8178, fax; (202) 501-7909

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