Amos Mar-Haim, director general of the investment center, urged the Cabinet today to introduce a new law aimed at encouraging investments. In memorandums to the Finance Minister and the Minister of Commerce and Industry, Mar-Haim said the present law was too complex. He urged the elimination of bureaucratic red tape which, he said, discouraged the kind of investors Israel’s industry wanted to attract. He said the new law should be clear, concise and effective and should be enacted without delay.
Help ensure Jewish news remains accessible to all. Your donation to the Jewish Telegraphic Agency powers the trusted journalism that has connected Jewish communities worldwide for more than 100 years. With your help, JTA can continue to deliver vital news and insights. Donate today.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
