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August 14, 1992 - Image 36

Resource type:
The Detroit Jewish News, 1992-08-14

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-7.— • -
4.4.4,. ....,,„


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Continued from preceding page

fortable working with the
administration than with
"I am very impressed that
he is doing this," said Jess
Hordes, Washington director
for the Anti-Defamation
League. "It is a very impor-
tant allocation of his time."
Mr. Rabin also scheduled
meeting with Secretary of
Defense Dick Cheney to
begin laying the ground-
work for some long-term
changes in the U.S.-Israeli
"The loan guarantees are
getting most of the atten-
tion," said Martin Raffel,
assistant executive vice
chair of the National Jewish
Community Relations Ad-
visory Council and head of
the group's Israel task force.
"But knowing Rabin, I
suspect he has even more an
interest in pursuing some of
the strategic military ques-
tions, in terms of starting to
build a new strategic rela-
tionship suited to the end of
the Cold War."
The meeting with Mr.
Cheney was preceded by
meetings between Defense
Department and Israeli
Defense Ministry officials on
a range of issues, including
joint U.S.-Israel military
programs and Israel's role in
this country's changing
defense policies.
"Rabin is particularly con-
cerned about the arms

buildup in the (Middle East)
and about the spread of un-
conventional weapons," Mr.
Raffel said. "In fact, that
may be one of the primary
topics of this visit."
The improvement in rela-
tions symbolized by this
week's meeting in Ken-
nebunkport could have a
significant impact on the
Middle East peace process
when it resumes here in
Washington later this mon-

"This week's decision will
help the peace process, be-
cause it will strengthen the
president's hand," said Ab-
raham Foxman, executive
director of the Anti-
Defamation League. "He
made a public policy
declaration on settlements,
and he acted on that. At the
same time, he was willing to
reward Israel.

"This strengthens the role
of the United States in the
process, and it clearly puts
'the ball in the Arabs' court."
Mr. Foxman added that
this week's events will also
increase Israel's comfort
level with the peace process,
which could add a new
dimension to the negotia-
"To Israel, it gives a sense
of comfort," he said. "For the
Arabs, it introduces a sense
of reality, which is the way it
should be."

Arab Boycott
Affects Economy

Tel Aviv (JTA) —
Economists from the Israeli
Federation of Chambers of
Commerce have concluded
that the Arab boycott of
Israeli products worldwide
has cost the Israeli economy
$45 billion over the past 40
According to Ma'ariv, this
estimate is included in an
appeal by Danny Gillerman,
president of the federation,
to Prime Minister Yitzhak
Rabin, in which he suggests
requesting the American
administration to try to put
an end to the boycott before
convening the next round of
peace talks.
The calculation of the
damages to the Israeli
market is based on the sup-
position that for the last 40
years, the Arab boycott
prevented a growth of over
$20 billion in Israeli exports.
This is based on an estimate
that every year the boycott
precluded a possible growth
of 10 percent in exports.

The addition of income in
foreign currency could have
covered the entire foreign
debt of the state, which to-
day stands at $24 billion, ac-
cording to the economists.
The federation also
estimated that the boycott
cost Israel more than $24
billion in investments,
assuming that the Arab
boycott impeded in-
vestments amounting to 15
percent of the total.
In his appeal to Mr. Rabin,
Mr. Gillerman insisted that
Israel not acquiesce to the
continuation of the boycott
and that this issue should be
made a top priority in the
coming peace talks.
In the wake of elections in
Israel and prior to those in
the United States, he em-
phasized, a window of oppor-
tunities has opened that
allows Israel to demand from
the United States immediate
and resolute action towards
the abrogation of the Arab

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