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Peru Suggests Oil Cooperation

— The establishment by Israel and Peru of a joint oil producing corporation in Peru was suggested yesterday by Peruvian Vice President Javier Alva Orlandini at a meeting here with Premier Menachem Begin. Begin promised to pass the proposal to Energy Minister Yitzhak Modai.

Orlandini also proposed joint projects in the fishing and agricultural fields. He said Peru was rich in both land and water but lacked the technical know how to produce sufficient food. Orlandini refused to comment on the possible purchase of Israeli fighter planes by Peru. He said the subject was not discussed at his meeting with Begin.