The belief that the “little clouds” now seen in American-Israel economic relations “will soon blow over” was expressed by Aryeh Manor, director of the Supply Mission of the Israel Government in this country at a luncheon of the American-Israel Chamber of Commerce here.
Calling for the “renewal of full economic cooperation” between the United States and Israel, the high Israeli official at the same time praised the American business community-suppliers, bankers, shipping and airlines and communications services-for their “most helpful and friendly attitude over the past two weeks.” This, he said, has enabled the continued flow of trade and business relations between the two countries without interruption.
Claiming that Israel has done a service to the free world in upsetting the timetables of aggression in the Middle East, Mr. Manor said Israel sees in these recent events a chance for development and economic progress in the whole area, providing the following is achieved and assured: peace, freedom of navigation through the Suez Canal and the Red Sea, and an end to the Arab boycott.
“Insofar as Israel is concerned, the attainment of these objectives would herald a new industrial and commercial upsurge, coupled with considerable savings to Israel on transportation and in other fields,” he said. He stressed the role that American businessmen could play in such positive developments. The meeting was attended by over 100 industrialists, bankers and businessmen.
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