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Investments in Israel Being Considered by 15 British Firms

Fifteen British industrial companies are at present holding discussions with the Israeli economic mission in London with a view to investing in Israel, economic counsellor Amos Lavee disclosed this week.

He was speaking in the presence of Avigdor Bartel, chairman of the Israeli Investment Authority, who is here as part of a tour of European countries. In talks with British businessmen and banking circles, Bartel has been outlining the attractions of investing in Israel, particularly in export-oriented industries.

British investors are being encouraged to take advantage of the special export facilities Israel now enjoys in the rest of the Common Market, in the United States and other countries. Smaller expanding companies, as well as bigger concerns, are being approached.

In the first half of this year, Bartel said, Israel had narrowed its 1975 trade deficit of $4 billion by 10 percent. Two-thirds of the improvement resulted from a bigger volume of exports. As part of the export drive, Lavee said, Israel would participate in 30 international trade fairs this year.

BUDAPEST (JTA)–The Hungarian Jewish community reported here that religious services for the High Holidays, were held in 30 synagogues and temples throughout Hungary. The main service was held in Budapest in the synagogue of the rabbinical school which was crowded on both Rosh Hashanah and Yom Kippur.

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