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November 23, 1993

SIEMENS SIGN AGREEMENT AUSTRALIAN GOVERNMENT

By CBR Staff Writer

Siemens AG has signed one of those agreements with the Australian government under which it gets state subventions in return for agreeing to make Australia a base to export products and services to the Asia-Pacific region: the company has committed to exports worth $200m and agrees to conduct at least $67m of research in Australia.

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