BONN (Apr. 24)
Accumulated West German investments in Israel increased from $160 million in 1975 to $200 million last year, according to the latest government statistics. This put Israel ahead of Iran and Libya (the only Arab or Mideast oil producing countries with significant West German Involvement) which had attracted only $134 million and $132.5 million, respectively.
The figures show that, despite big oil revenues the share of Mideast oil producers and Arab countries in investment in West Germany Itself is still negligible. Only 0.5 percent of all foreign investment in West Germany last year (a total of $1.2 billion) and only one percent of the $18 billion accumulated foreign investment in West Germany since 1961 (a total of $18 billion) came from these sources.