The U.S. Treasury Department announced today that Treasury Secretary William Simon will visit the Middle East for two weeks beginning Thursday and returning to Washington March 11.
Simon’s first stop will be in Riyadh where he will meet with Saudi Arabian officials and with the Saudi Arabian-American Economic Cooperation Committee. Next week he will be in Tel Aviv and Jerusalem. His meetings include a session of the U.S.-Israel Joint Committee for Trade and Investment of which he and Finance Minister Yehoshua Rabinowitz are co-chairmen. He also expects to meet with Premier Yitzhak Rabin.
After his visit to Israel, Simon will go to Cairo and Damascus. He will be accompanied on the trip by William Seldman, the President’s assistant on economic matters, Gerald Parsky, Assistant Secretary of the Treasury who deals with Arab boycott affairs, and William Rhatican, public affairs director at the Treasury Department. The Treasury Department said that Simon will be discussing means of strengthening U.S. economic ties with the Middle East countries and increased economic development of the entire Middle East area.
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