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November 11, 1994 - Image 73

Resource type:
Text
Publication:
The Detroit Jewish News, 1994-11-11

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

You are invited to attend

THE

an AJE program for family members of
Jewish people with special needs

VA. NI 1 L_.le"

nouncing its intention to con-
tribute to the development of the
Gulf of Aqaba area.
But the participating business
leaders went off in an unexpect-
ed, albeit face-saving, direction.
Rather than declare their intent
to invest in joint ventures or oth-
er commercial projects, as a vote
of confidence in the evolving
peace, a group of American and
European companies — includ-
ing American Express, General
Electric, Citibank, Hewlett-
Packard, and Phillip Morris —
announced their decision to join
in the establishment of a fund to
promote education, in the belief
that learning comprises 'the best
basis for developing the area."
The message conveyed by this
elegantly evasive decision was
clear. While large Western cor-
porations are prepared to exhib-
it a heightened interest in the
Middle East, when it omes to
putting their money where that
interest lies, they shy away from
direct involvement in commercial
enterprises—and will probably .
continue to remain financially
aloof until the region exhibits a
greater degree of stability. Israel
is familiar with this syndrome
from its long history of trying to
drum up solid foreign investment
and receiving donations instead.
"Concern" is one thing, commer-
cial engagement another.
The Westerners, however,
were not the only participants to
express a lingering nervousness.
Jordaniar businessmen, who
were all but commanded by
Crown Prince Hassan to hobnob
with the Israelis, seemed anxious
that their markets might soon be
flooded with Israeli goods.
Palestinians fretted that as the
Israeli-Jordanian love affair pro-
gressed, funds that might oth-
erwise be drawn toward
rehabilitating the Palestinian in-
frastructure or boosting the
Palestinian economy would be di-
verted to more attractive Israeli-
Jordanian projects.
The Palestinian delegates, who
at any rate arrived in Casablan-
ca feeling "bitter and frustrated"
by the situation back home, had
little reason for cheer as the event
proceeded. In his meeting with
Prime Minister Yitzhak Rabin
and Foreign Minister Shimon
Peres (his first with Israeli lead-
ers since the kidnapping of Cor-
poral Nachshon Waxman, the Tel
Aviv bus bombing, and the sign-
ing of the Israeli-Jordanian peace
treaty), Yassir Arafat was re-
portedly treated to an extended
tongue-lashing by Mr. Rabin. As
the carrot to temper his stick, the
prime minister informed Mr.
Arafat that Israel would gradu-
ally lift the closure clamped down
on the territories following the
bus attack (the concession
seemed unavoidable, considering
that the two men were attending
an international extravaganza
ICE AGE page 68

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Registration deadline:

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