The Conference of Presidents of Major Jewish Organizations in the United States today announced that it new regards “as settled” the dispute with Regie Renault, French automobile company, which suddenly terminated its contract with Kaiser-Frazer of Israel last year under Arab boycott pressure.
The announcement was made by Label Katz, chairman of the Presidents Conference, following the receipt by him of a letter from Maurice Bosquet, president of Renault, Inc., representing Renault of France. The letter indicated that Regie Renault is willing to do business with Israel. It reads:
“I was recently in Paris and had the opportunity to discuss with Mr. Pierre Dreyfus (general director of Regie Renault), the facts concerning the settlement of the litigation between the Regie Renault and Kaiser-Frazer of Israel. Mr. Dreyfus advises that all disputes between the two companies were resolved to the complete satisfaction of each and that neither party has any remaining claims or grievances against the other.
“Mr. Dreyfus also pointed out to me that the Regie Renault, being essentially a commercial enterprise, necessarily bases its policy decisions on purely commercial considerations, as does any other business entity.
“For all these reasons, and others as well, discrimination as a matter of policy against buyers in any country is unthinkable so far as the Regie Renault is concerned. Such a policy would militate against the attainment of the fundamental objectives of the Regie Renault. On the contrary, it is the wish of Mr. Dreyfus and the Regie Renault to sell Renault products in every country in the world, including Israel, of course, where buyers for them can be found.”
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