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Israeli-american Chamber of Commerce Erects $1, 000, 000 Building

Ground was broken here today for a million-dollar 12-story Israeli-American Chamber of Commerce Building.

Greetings were brought for the Israel Government by Finance Minister Pinhas Sapir and for the United States Government by Walworth Barbour, American Ambassador to Israel. Others attending the ground-breaking were Dr. Robert White, special representative of the United States Department of Commerce to the Tel Aviv Fair, Mayor Mordechai Namir, and Zeev Grodetski, chairman of the Chamber of Commerce.

Mr. Sapir and Mr. Barbour expressed hopes for the fostering of Israeli-American trade through the facilities of the new building. Mr. Grodetzki said the Chamber’s sister organization in the United States would contribute $500, 000 for the building and the Israeli chapter would raise the equivalent in Israeli currency.