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June 14, 1974 - Image 12

Resource type:
Text
Publication:
The Detroit Jewish News, 1974-06-14

Disclaimer: Computer generated plain text may have errors. Read more about this.

11111117

12—Friday, June 14, 1974

EEC Agrees to Israel Talks

JERUSALEM (JTA)—Offi_
cials here expressed gratifi-
cation Wednesday with the
statement by the chairman
of the European Common
Markets Council 'of Ministers
that the European Economic
Community would enter into
negotiations with Israel on
future cooperation.
Hans-Dietrich Genscher,
the West German foreign
minister, made the statement
in Bonn Tuesday after the
Council of Ministers approved
steps to begin negotiations
with 20 Arab states .on tech-
nical and industrial coopera-
tion. The Common Market
hopes to recoup at least some
of the money it pays for
Arab oil from orders and
contracts from the Arabs.
The Israeli officials said
Genscher's statement was
"not at all unhelpful" in that
it envisaged a similar pro-

AWNINGS

1st Investment in Israel Made by World Bank

THE DETROIT JEWISH NEWS AJCommittee Prints

cess of negotiation for coop-
eration with Israel — thereby
maintaining the principle of
equilibrium upon which Is-
rael had insisted.
Obviously, .as a West Ger-
man spokesman commented
Tuesday, the scope and con-
tent of EEC-Israel coopera-
tion would be different from
that between the EEC and
the Arab states both because
Israel has no oil and because
Israel is on a different level
of technological advance-

ment.

The negotiations between
the EEC and the Mediterran-
ean littoral states, including
Israel, for a new tariff agree-
ment .are still bogged down—
because of Britain's' demand
to re-negotiate its terms of
entry. Officials here said the
tariff talks were in no way
linked to the planned coop-
eration talks.

Book on Latin Jews

WASHINGTON (JTA) —
The International Finance
Corp., a member of the
World Bank group, has an-
nounced its first investment
in Israel. It consists of an
investment of $3,500,000 to
help finance an $18,400,000
expansion of Makhteshim
Chemical Works, Ltd.
Makhteshim produces pesti-
cides, essentially for export.
It is owned by Koor Indus-
tries, Ltd., and Koor Chemi-
cals, Ltd., one of its wholly-
owned subsidiaries. Work has

NEW YORK—The Ameri-
can Jewish Committee an-
nounced publication of a new
edition of "Jewish Communi-
ties in Latin America," a bi-
annual volume that sum-
marizes demographic, organ-
ization, religious, educational,
and cultural activities of
Jews in Central and South
America. The 430-page vol-
ume was prepared by the
Buenos Aires office of the
AJC.
The book, edited by Jacobo
Kovadloff, director of AJC's
Buenos Aires office and writ-
ten in Spanish, is the fourth
in the current series. It
covers events in that area
from April 1970 to December
1972.
The three-part volume of-
fers a brief summary of so-
cial and political events in
each Latin American coun-
try during the period cov-
ered and a section on com-
munity studies in the area.

Rehovot to Offer
Course in Welding

already begun on the project
at the company's plant 'at
Beersheba and completion is
scheduled for next year, the
IFC announced.
In reporting the financing
for the project, the IFC said
that the Industrial Develop-
ment Bank of Israel, to which
the World Bank has made
three loans in the past, is
lending $2,680,000 to Makh-
teshim. Koor is providing
$1,880,000 and IFC is provid-
ing $1,750,000 in loans with
options and $1,750,000 in
equity.
The company also expects

to receive an Israel govern-
ment investment grant of $1,-
330,000. The balance of the
project funds will be from
cash generation and other
sources, IFC said.

Al's Foreign Car Service

REHOVOT—The Weizman
Institute is offering a special
course in welding to its em-
ployes.
'Given three times a week
in sessions fasting three hours
each, the course lasts 100
hours and is conducted by
ORT instructors. The pur-
pose of the training is to
make the institute workers
Israel Youth Hostel
Woe to those who see and more effective in case -they
Plan Aids Widows
do not know what they see. are needed for defense proj-
ects.
JERUSALEM — Widows —Talmud.
and young children of Israeli
servicemen killed in the Yom
Kippur War are finding a
FATHER'S DAY
measure of solace in week-
end programs run especially
SUNDAY, JUNE 16 th
for them'at the Louise Water-
r-(=
man Wise Youth Hostel here.
The program—in which the
mothers spend an informal
weekend of talk, communal
sings, musical events and
other entertainment while
their children get an extra
dose of play and affection—
was inaugurated last month,
according to Jacqueline Le-
vine, president of the Amer-
ican Jewish Congress na-
tional women's division.
The women's division built
and maintains the hostel,
and has increased its support
in recent months to provide
for the new program, which
is being carried out in coop-
Will Dad like a suit by G.G.G., Eagle
eration with the municipality
or Geoffrey Beene? Would he prefer
of Jerusalem and the Israel
Ministry of Information. It is
rainwear by London Fog or Cortefiel?
expected to run through
Perhaps
shoes by Johnston & Murphy
June and be continued in
September
or Bally of Switzerland? Or maybe

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