ROMANOW MEETS WITH KOREAN POWER UTILITY

Premier Roy Romanow today met with Chang-Tong Choi, vice-president of
the Korea Electric Power Corporation (KEPCO) to discuss prospects for
increasing trade and investment in Saskatchewan's northern mining
industry.

"Promoting Saskatchewan's resource industries is a major focus of my
participation in the current Team Canada Mission," Romanow said.

KEPCO, one of the world's largest corporations, is a growing market for
Saskatchewan resources. It operates Korea's electrical power
generation system.

Korea plans to expand its nuclear power program by almost 40 per cent
(to meet 50 per cent of the country's power needs, up from the current
36 per cent).

"Those plans are a real opportunity for Northern Saskatchewan," Romanow
said. "We are the world's largest and one of the lowest-cost producers
of uranium. The Koreans expressed a strong interest in strengthening
their trade and investment ties with stable, reliable, high-quality
producers like Saskatchewan."

In other events:

Romanow and the other First Ministers attended a working session
with the Korea-Canada Business Council. The council includes most of
Korea's principal business leaders;

The First Ministers visited Panmunjon, in Korea's demilitarized
zone, and received a briefing on the military situation on the
peninsula; and

Romanow, Prime Minister Jean Chretien and the other government
leaders met in a plenary session with about 350 business delegates on
the trade mission to discuss progress and strategies for the balance of
the trade mission. Romanow has also been meeting separately with
members of the Saskatchewan business delegation to discuss their market
development activities in Korea.

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For more information, contact:

Tim Kydd
Media Services
Regina
Phone: (306) 787-0850