American businessmen were urged today to invest in Israel because such investments would be “highly profitable” and secure despite the fact that Israel is presently fighting an undeclared war for survival along its borders.
Mark Moshevitch, president of the Israel Manufacturers Association, addressed 100 American businessmen and financiers at a luncheon given by the American-Israel Chamber of Commerce and Industry. He told the group that many American companies and individuals have invested in Israel “and are doing it, continuously and successfully. Israel did not fall and it will not fall. An investment in Israel will be one which no one will ever regret.”
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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.
