The General Merchants Association today made public the text of a resolution adopted at its national conference which closed here during the week-end. The major resolution emphasized that “only a free economy and free enterprise can bring about Israel’s development” and increase foreign capital investment in the Jewish state.
Other resolutions called for closer relations between merchants in Israel and the Jewish middle class throughout the world and the sending of delegations abroad to expedite investment in Israel. The parley also urged merchants affiliated with political parties to adopt an “economic attitude in their respective parties compatible with the Association’s plea for free initiative.”
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