WASHINGTON (Jul. 28)
In addition to the agreement with the Ford Motor Company, Israel is now preparing to place orders with some 10 other United States automotive producers for vehicles the value of which is expected to total $7,000,000, Israeli Ambassador Eliahu Elath said here today.
Negotiations with the General Motors Corporation and with the White Motor Company are nearing completion, and the agreements are expected to be signed within a few days, Mr. Elath revealed. “Trucks and automotive equipment from the United States will be thrown into the effort to speed the industrial and agricultural development of Israel and thus help solve the new state’s pressing problems of reconstruction and immigration,” he stated.