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January 01, 1982 - Image 32

Resource type:
Text
Publication:
The Detroit Jewish News, 1982-01-01

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

32

THE DETROIT JEWISH NEWS

Friday, January 1, 1982

Fand Postpones
Visit to U.S

ANNUAL PRE-INVENTORY

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WASHINGTON (JTA) —
The visit by Saudi Arabian
Crown‘Prince Fand to the
U.S. scheduled for Feb. 19,
has been potsponed at
Fand's request and will be
re-scheduled "at an early,
mutually agreed upon
time,". the State Depart-
ment announced.
Department spokesman
Dean Fischer said the deci-
sion to postpone the visit
was taken "in the light of
current developments in the
Middle East in particular
and in the world in gen-
eral." He said Fand "deter-
mined that these develop-
ments require his presence
in Saudi Arabia."

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Qaddafi Plans to Visit Germany

BONN (JTA) — Col.
Muammar Qaddafi, the
leader of Libya, will visit
West Germany next year,
probably in May.
The invitation, extended
by the German-Arab As-
sociation for Friendship,
was announced by a
member of that group,
Juergen Moellemann, who
is foreign policy spokesman
for the Free Democratic
Party (FDP), the junior
partner in the coalition gov-
ernment headed by the So-
cial Democratic Party
(SDP).
Moellemann said, after
talks this week with senior
Libyan officials that Tripoli
is eager to improve rela-
tions with the Federal Re-
public.
He praised the Qaddafi
regime for seeking inter-
national political and
economic cooperation.
Libya is West Germany's
second largest supplier
of oil.
Moellemann has carried
out several delicate mis-
sions in the Arab world said
to have been coordinated
with the FDP's leader,
Foreign Minister Hans-
Dietrich Genscher.
Last year he visited
Palestine Liberation Or-
ganization chief Yasir
Arafat and subsequently
made strong anti-Israel re-
marks. Although the
Foreign Ministry said Moel-
lemann made the trip on his
own initiative, it picked up
the bill for two ambulances
promised by him to the PLO
leader.
Political observers here
are speculating whether
Genscher was - backing
Moellemann's invitation to
Qaddafi which is favored by
the business community.
Improved relations with
Libya would help German
industry secure more con-
tracts from Libya.
According to Moel-
lemann, West Germany
could also serve as a
mediator between Libya
and the United States
since it has good rela-
tions with both countries.
American relations with
Libya have worsened in re-
cent weeks, since the
Reagan Administration ac-
cused Qaddafi of sponsoring
assassination squads to kill
President Reagan and other
top U.S. officials.
Moellemann's outspo-
kenly pro-Arab position has
been interpreted here as a
trial balloon to test West
German opinion with re-
spect to improving relations
with the Arabs.
His invitation to Qaddafi,
however, was assailed by
scores of West German
newspapers last week. The
Libyan leader is to attend a
symposium on German-
Arab relations.
influential
The
Frankfurter Allgemeine
observed that the invita-
tion was extended at a
time when anti-American

The highest problem of
every art is, by means of ap-
pearances, to produce the il-
lusion of a loftier reality.
—Goethe

sentiments are running
high in the Federal Re-
public, especially in o the
"peace movement" and
could cause a further
setback in Bonn's rela-
tions with Washington.
Qaddafi planned to visit
West Germany two years
ago but had to cancel his
trip when Libya's role in
promoting international
terrorism was exposed.
He did visit the country
privately for medical
treatment at the Mainz
clinic. His presence was
kept secret until well after
his departure and was never
acknowledged officially.
Meanwhile, West Ger-
man real estate experts
have reported a "tremend-
ous" increase in the ac-
tivities in the real estate
market here by the Arab
oil-producing states, par-
ticularly those -in the Per-
sian Gulf area.
No specific information
was made public but
local newspapers were
told that "entire streets"
in certain areas have
changed ownership in
recent weeks.
The phenomenon is un-
derstood to be part of an on-
going trend by the Arab oil
states to invest in Ger-
many's capital market
which is considered rela-
tively stable despite the na-
tion's economic crisis and
increased unemployment.
One expert said the Arab
investors were taking ad-
vantage of the real estate
market which has come to a
virtual standstill because of
high interest rates.
Real estate in German
cities were -considered an
unattractive area for Arab

investment in the past. No
major investments were re-
gistered in residential
areas, in sharp contrast to
Arab real estate purchases
in Paris and Loudon.
One reason for the cur-
rent Arab interest in Ger-
many's capital market and
in its economy generally ac-
cording to analysts, is the
improved political relations
between Bonn and major
Arab countries, including
Libya.

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