Israeli industry has prospects of increasing exports to the United States by $30,000,000 annually, Zev Sharef, the Commerce and Industry Minister, told the Cabinet today, A special midweek Cabinet session was held because the Purim holiday led to a brief meeting last Sunday, the regular meeting date.
Mr. Sharef, who recently returned from a visit to the United States and Britain, said that the prospective increased exports were not the “philanthropic kind.” He added that businessmen he had talked to who had expressed interest had been both Jews and non-Jews.
He also disclosed that one of the “misjudgments” of American importers had been that Israel had been considered hitherto as an exporter only of “soft” merchandise, such as textiles. He said that importers and prospective investors he had talked to had been impressed with Israel’s ability in the fields of metals, electricity and electronics.
He also disclosed that some of the businessmen with whom he had met had already arrived in Israel for further talks and that others would follow. He warned that Israeli industry would have to meet the test of prices, quality and delivery dates to which American importers were accustomed.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
