Federation board members who
are involved in their family busi-
nesses.
"Unfortunately, we see that if
family businesses dissolve, there's
a negative impact on the econo-
my, but there is a social and cul-
tural impact, too. Historically, if
someone has grown up in Detroit
and been here 20 or 30 years, if
something needs to be done, peo-
ple have a loyalty to the commu-
nity and their institutions. They
are among the most generous
donors to educational and cul-
/– tural institutions," Mr. Kleiman
says.
And, he continues, family-
owned businesses generate the
majority of new jobs in the econ-
omy.
lit For more information on
the Center for Family Business,
call (810) 370-4288 .
South African
Businessmen Meet
Jerusalem — A delegation of 20
South African businessmen met
recently with local counterparts.
Export Institute general di-
rector Amir Hayck said the pur-
pose of the meeting was twofold:
to familiarize the delegation with
Israel's economic and industrial
potential and to try and rebuild
ties between the two countries.
The delegation is South
Africa's first since the election of
President Nelson Mandela last
year.
Exports to South Africa were
$121. million in 1994, while im-
ports totaled $237.5 million.
Congress OK's
Drug Tests
.
Jerusalem — The U.S. Congress
is set to pass legislation which
would allow clinical drug testing
to be carried out in foreign coun-
tries, including Israel.
FDA deputy general director
Sharon HaLston made the state-
ment to a group of pharmaceuti-
cal firms - Teva, Agis, and ICL -
and major health and academic
centers.
The occasion was a seminar on
clinical trial planning, manage-
ment and inspection to stand-
ardize Israeli test procedures to
match those required by the
FDA. The event was held under
the auspices of the U.S.-Israel
Science and Technology Center,
the Trade and Industry Ministry
and the Office of the Chief
Scientist.
Yair Amitay, managing direc-
tor of the Israeli Center for R&D
(MATIMOP), which organized
the event, said standardized test-
ing would significantly assist in
developing industries in the fields
of medical equipment and pe-
ripherals, as well as diagnostics.
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