Canada and Israel have decided to form a committee to be called “The Canada-Israel Joint Committee for the Development of Trade and Economic Cooperation.” The memorandum establishing the committee was signed yesterday by Donald Jamieson, Secretary of State for External Affairs, and Israeli Foreign Minister Yigal Allon.
The committee will meet once a year, alternating between Canada and Israel and will explore the possibility of expanding trade, economic and industrial cooperation between the two countries. The committee will work to promote the exchange of technology including industrial research and development.
The committee’s mandate includes encouragement of investment and various proposals will be studied, including the possibility of setting up joint or mixed ventures or companies. Jamieson and Allon expressed satisfaction that the agreement had been reached and reaffirmed their unequivocal opposition to economic boycotts and discrimination based on race, national origin and religion.
Allon arrived here yesterday amidst heavy security precautions to begin a five-day visit which will include talks with Prime Minister Pierre Elliott Trudeau and other top government officials regarding bilateral and Middle East issues. He is also to meet with Jewish leaders and will address a number of meetings, including a “Salute to the People of Israel” rally in Montreal on Thursday. The rally is jointly sponsored by the Combined Jewish Appeal and Israel Emergency Fund, and the Canadian Zionist Federation.
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