The Monnet project offers a solution to this cross-language information access problem by using a novel combination of Machine Translation and Semantic Web Technology. Monnet business users will be able to have transparent access to company information across national and linguistic boundaries. Monnet public services users will find answers to their questions independent of the country's official languages. A key solution to this problem is to deal with the information at a semantic level. Monnet achieves this through semantically aware term translation based on a novel approach that integrates ontology-based domain semantics with linguistic information from the domain lexicon. The Monnet solution will change the way business and government provide, exchange and integrate information, driving global standardization efforts.