A joint Israeli-Japanese fishing company has been established at Elath to operate in waters off the Union of South Africa, Jacob Merider, a member of the Knesset, announced here today.
The new company has already purchased its first fishing boat and will man it with a crew which will be half Japanese and half Israeli. The capital investment is also on a partnership arrangement. In addition, the new company will attempt to raise cultured pearls in the fashion they are currently being produced in Japan.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
