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South Korean Firms Boycott Israel

January 8, 1987
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A number of major South Korean companies refuse to sell their products to Israel, apparently because of pressure from the Arab states, according to Boycott Report, published by the American Jewish Congress.

The report named the following Korean companies: Kumbo and Hancock, which manufactures tires; Kia Handa, Suzuki-Korea, Hyongsung and Yamaha, which manufacture motorcycles; and Hyundai and Daewood, manufacturers of automobiles. Hyundai currently sells 150,000 cars a year in the U.S. and Canada, the report said.

In connection with those companies’ refusal to do business with Israel, the Report cited a recent article by the Korean Ambassador to the U.S., Kyung-Won-Kim, in The Washington Post in which he said his country believes in and supports free trade.

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