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Business training program expanded



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Business training program expanded

Australia is to introduce a $4.5 million business training program for young managers from the Soviet Union, Estonia, Latvia and Lithuania.

The expansion of the Australian Program of Training for Eastern Europe (APTEE) was announced by the Minister for Trade and Overseas Development, Neal Blewett, at a ceremony in Melbourne today for the program's first 21 graduates.

"Australia can play a valuable role in the development of market economies in Eastern Europe and the Soviet Union through the business training program, which will also strengthen commercial links between Australia and those countries," he

said.

Dr Blewett said the first graduate managers — from Poland, Hungary and Czechoslovakia — had completed nine months' study in Australia.

Their program had included English language upgrading and work placements with Australian companies with business interests in Eastern Europe. They had become familiar with Australian companies, management and financial techniques.

It was expected that 100 fellows would participate in the APTEE scheme over the next two years, including ten starting next February from the Soviet Union, Estonia, Latvia and Lithuania.

The APTEE scheme is administered by the Australian International Development Assistance Bureau (AIDAB).

Canberra: September 23 1991

For further details, contact: Ali Gillies, Director, AIDAB Public Information, telephone (06) 276 4960

COMMONWEALTH PARLIAMENTARY LIBRARY MICAH