Prime Minister Chrétien Announces Scholarship Program for Spain July 7, 1997 Madrid, Spain Prime Minister Jean Chrétien announced today, during his visit to Madrid to attend the NATO Summit, the creation of a scholarship program to enable young Spaniards to do post- graduate studies in Canada. Contributions of $350,000 each from the Government of Canada and NORTEL ESPAÑA will be used to create a scholarship foundation. The annual proceeds from the foundation, matched by a contribution from a leading Spanish financial institution, will fund four annual scholarships of approximately $20,000 each. The Prime Minister emphasized the importance of people-to-people contacts in the development of Canada-Spain relations. "International students bring new ways of thinking to classroom discussions and help give our students a better understanding of the world. And when foreign students go back home, they become great ambassadors for Canada." The Prime Minister noted that participation in the program of a prestigious firm like NORTEL will guarantee its excellence. NORTEL ESPAÑA is actively engaged in the telecommunications field in Spain. The company's parent, based in Toronto, also finances a Chair in Hispanic Studies at the University of Toronto. The Spanish government funds five annual scholarships for Canadians to study in Spain, and the Spanish private sector co-sponsors scholarship programs in the USA, the United Kingdom and Germany. The program will begin with four annual scholarships and will increase in subsequent years. The scholarships are for post-graduate study at any university in Canada, with successful applicants chosen by selection committees. The first scholarships will be for the 1999-2000 academic year. PMO Press Office: (613) 957-5555 |
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