WE ARE
LiNeYS
BUYING

sor of the Fifth Business Forum
which will be held in Haifa, Is-
rael, in early June and a co-spon-
sor of an auto trade fair June
11-13 tentatively slated to be held
at the Troy Marriott.
The Israel Economic Mission
in Chicago and the Israel Export
Institute in Tel Aviv also are
sponsors of the trade fair.
"We're going to have 30 Israeli
automobile parts manufacturers
at the fair," Mr. Traison said. "I
don't think anything of its kind
has been held in this country."
Mr. Traison, a senior partner
at the law fa in of Miller, Canfield,
Paddock and Stone, is one of five
members of Gov. John Engler's
Michigan-Israel Bilateral Trade
Team, which aims to improve
Michigan's economy through
business relationships with Is-
raeli firms.
The committee hopes Gov. En-
gler can go to Israel on a trade
mission next year, and it wants
the state of Michigan to set up an
office there.
%t American-Israel Chamber of
Commerce of Michigan events
are open to the entire business
community. For infonnation, call
the chamber office, (810) 661-
1948.

❑

A Cool Deal
For Tadiran

Tadiran Electric Appliances In-
dustries, a subsidiary of Israeli
firm Tadiran, has signed an
agreement with an eastern Eu-
ropean company to establish an
air-conditioner production line
based on Tadiran know-how.
The company will pay Tadiran
$1.1 million for know-how and the
training of production workers.
In addition, the company has
agreed to buy $3 million worth of
equipment and machinery from
Tadiran in the first year of oper-
ations.
Tadiran expects equipment
and machinery sales to the firm
to reach $7.5 million during its
first three years.

Peace Is 'Empty'
Without Help

Israel Prime Minister Yitzhak
Rabin warned that peace in the
Middle East will remain empty
/ - should the international eco-
nomic community fail to assist in
developing the region.
Speaking at the beginning of the
36th annual meeting of the Inter-
American Development Bank
(IADB) at the Jerusalem Interna-
tional. Convention Center, Mr. Ra-
bin noted that the peace achieved
by diplomats only opens gates.
'7 Hit does not concretely change
the quality of life of the average
Egyptian, Jordanian or Pales-
tinian, Mr. Rabin said, then it is
an empty peace. ❑

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If traveling west on 1-6%, exit Hoover, follow Service Drive to RINKE.
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Open Mon. 7-9pm, Tues. 7-7 pm, Wed. 7-7 pm, Thurs. 7-9 pm, Fri. 7-6 pm

0

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