CANADA ON OECD/ANTI-BRIBERAY DEMARCHE ON EXPORT

UNCLAS OTTAWA 003373

SIPDIS

SENSITIVE

STATE FOR EB/IFD, L/EB, EUR/ERA AND WHA/CAN
STATE PASS EX-IM FOR OGC/SONFIELD AND POLICY/FIRESTONE
TREASURY FOR TRADE FINANCE
COMMERCE FOR 6731 LENZ
JUSTICE FOR MENDELSOHN
PARIS ALSO FOR OECD

E.O. 12958: N/A
TAGS: EFIN ETRD PREL CA EXIM
SUBJECT: CANADA ON OECD/ANTI-BRIBERAY DEMARCHE ON EXPORT
CREDIT GROUP

REF: STATE 205372


1. (SBU) We have conveyed the points provided reftel to
Canada's Departments of Finance, International Trade
(formerly part of Foreign Affairs and still charged with this
issue) and to Export Development Canada, the Ex-Im
counterpart. Peter Cameron at Finance Canada confirmed that
Export Development Canada has consulted with Finance and
International Trade and is aware of their views on this
issue. Although EDC is "spiritually in the right place," on
combatting bribery, some provisions of the action statement
proposed by the U.S. pose awkward operational issues for some
EDC products. He said EDC lawyers are poring over it to look
for solutions.


2. (SBU) Jean Cardyn of EDC said they have had very useful
and transparent discussions on this issue with US
counterparts at Ex-Im, Treasury and State. Although EDC
agrees with much of the USG proposal, there are areas where
it goes too far, noting that "sometimes small words make a
world of difference."

Visit Canada's Classified Web Site at
http://www.state.sgov.gov/p/wha/ottawa

WILKINS