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October 14, 1983 - Image 27

Resource type:
Text
Publication:
The Detroit Jewish News, 1983-10-14

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

Friday, October 14, 1983

THE DETROIT JEWISH NEWS

High Court Bars Revealing Arab Dollar Holdings in U.S.

WASHINGTON (JTA) —
The American Jewish Con-
gress' two year battle with
the Treasury Department
in an effort to compel the
department to reveal the

extent of Arab dollar hold-
ings in the United States
was served a severe setback
when the Supreme Court,
without a comment, refused
to hear an appeal from the

Israel Still Seeks UK Oil

LONDON (JTA) — Bri-
tain has reaffirmed its re-
fusal to sell North Sea oil to
Israel following a meeting
between Yitzhak Modai, Is-
rael's Energy Minister, and
Peter Walker, his British
counterpart.
However, the meeting
was the first of its kind for a
number of years at which
the Israelis made no formal
request for British oil. This
is partly because of the past
inflexibility of the British
authorities on this issue and
also because of a recent de-
cision by Norway to sell Is-
rael half-a-million tons of
light crude over the next six
months, thus lessening Is-
rael's interest in a deal with
Britain.
the
Nevertheless,
British Energy Ministry
said that the issue had
cropped up during the
30-minute meeting bet-
ween Modai and Walker.
Officials said Britain
adhered to its established
policy of supplying oil
only to members of the
European Economic
Community, to fellow
members of the Interna-
tional Energy Agency
and to countries with
which it has an estab-
lished pattern of supply.
This includes Finland but
excludes Israel..
Modai said before leaving
that despite his failure to

make a formal request for
British oil, Israel remained
interested in North Sea
crude oil because of the
changing pattern of her oil
requirements as she con-
verts her electricity power
stations from oil to coal.

AJC against a lower court
decision supporting the de-
partment's right to bar dis-
closure of American hold-
ings of individual Arab
states.
The government had con-
tended that it was justified
in withholding the data on
the grounds that disclosure
would harm national sec-
urity, although the Interna-
tional Investment Survey
Act of 1976 requires the
Treasury to collect and pub-
lish data about foreign in-
vestment in the United

States.
The AJC claimed the
national security issue
was merely a pretext for
hiding the extent of Arab
financial power and in-
fluence in this country.

The suit against the
Treasury Departmept was
brought by the Jewish or-
ganization in the U.S. Dis-
trict Court for the District of
Columbia after the Ad-
ministration rejected a re-
quest for data on Arab hold-
ings.

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UK Laborite
Follows PLO

LONDON (JTA) — The
Labor Party's newly-elected
leader, Neil Kinnock, said
in an interview last week
that the Palestine Libera-
tion Organization, "as a
representative movement of
the Palestinian people,"
must be involved in the
Middle East peace process.
At the same time, he told
the monthly journal of the
Labor Middle East Council,
a party pressure group, that
a solution to the problems of
the Mideast "should include
the establishment of a
Palestinian state and labor
must give full support to the
right of the Palestinians to
self-determination."
Kinnock, who succeeded
Michael Foot as Labor
Party leader, asserted that
the involvement of the PLO
was a prerequisite to suc-
cessful Mideast negotia-
tions. He said a Palestinian
state should encompass the
West Bank and the Gaza
Strip.
He added that any
peace agreement would
have to include the dis-
mantling of Israeli set-
tlements in the West
Bank and Gaza.
His comments in the in-
terview in the party journal,
which was published today,
followed the general line of
recent Labor Party Mideast
policy.

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