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France Wants to Expand Its Economic, Industrial Cooperation with Israel

France is interested in expanding its industrial and economic cooperation with Israel and wants to pursue a policy of joint projects in technical and scientific fields. The French Minister for Industry, Laurent Fabius, stressed at a joint study group meeting here yesterday that the government is giving priority to such projects.

Fabius’ declaration was read before the 200 assembled French and Israeli businessmen, bankers and technicians by one of his aides. The Minister was meeting with President Francois Mitterrand at the time.

Israel’s new Ambassador to France, Ovadia Soffer, also stressed the complementary nature of French and Israeli societies. He stressed Israel’s high level of technical and scientific development which, he said, could benefit its West European partners. Senate President Alain Poher also called for increased cooperation between the two countries which, he said, could benefit both.

The study group was organized by a French economic publication. The participants concentrated on preparing concrete projects in the electronic and medical fields.