According to Mulayim, Walmart
is now buying again from Israel, due
to pressure in the U.S. against sell-
ing clothing manufactured by chil-
dren in developing countries and
from factories that pollute the envi-
ronment. Israeli textiles meet
American standards and supply
timetables, thus enabling the indus-
try to again find its place in the
American market, he said.

Australians
Seek High-Tech

Jerusalem (JPFS) — More than 50
representatives of Australian high-tech
companies, leading banks and venture
capital funds visited Israel to explore
joint ventures and investment oppor-
tunities.
The visit, organized by the Australia-
Israel Chamber of Commerce, focused
on telecommunications and multime-
dia.
Australians who visited California
were amazed at how Israel has accessed
the U.S. market, he said, and are
interested in joint ventures in Israel.
Center director Max Livnat said
the Australian market is attractive
for Israel today, since it is growing at
an annual rate of 3 percent in a
region experiencing a severe finan-
cial crisis.

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Lufthansa To Work
With El Al?

Jerusalem (JPFS) — A senior Lufthansa
official is to meet with El Al Director-
General Yoel Feldschuh for what the
German airline executive said he hopes
will be a new era of cooperation
between the two airlines.
Josef Bogdanski, Lufthansa vice
president for sales and services to
Southeast Europe, Africa, the Middle
East and Pakistan, acknowledged that
during the past 25 years there had
been difficulties between the two air-
lines.
He said that everything is open to
negotiation, including code-sharing,
the system whereby two airlines list
the same flight in both their sched-
ules, an arrangement which enables
passengers to take advantage of fare
reductions and to enjoy better
connections for ongoing flights.
Bogdanski stressed that cooperation,
rather than price wars, is the key to
good business.

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3/13
1998

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