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Israel Govt. Considers Inviting Foreign Industrialists for Talk

September 16, 1966
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Premier Levi Eshkol disclosed today that the Government was considering the idea of a meeting in Jerusalem of industrialists and businessmen from abroad to seek to solve unemployment problems in developing areas.

It was also learned here today that the Government was discussing plans for a new and bigger oil pipeline from Eilat to the new port of Ashdod for a great flow of oil from the Red Sea to the Mediterranean. It was explained that this did not mean that the Government had dropped consideration of the idea of building an Eilat-Mediterranean canal to compete with the Suez Canal but that consideration of such a canal had been deemphasized because of the huge cost of such a project.

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