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Foreign Businessmen, Attending World Economic Parley in Israel, Impressed with Military Technology

May 23, 1984
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Hundreds of foreign businessmen attending the international economic conference which opened here Sunday night, went to Tel Aviv today for IsraTech ’84, an exhibition of the products of Israel’s technological and sciencebased industries at the local Fairground.

Their purpose was to see at first hand the advantages Israel offers to overseas investors. The big hit, according to participants, was the display of articles manufactured by the military and aviation industries. So far, no transactions have been reported. The organizers of the conference said this would take some time.

Earlier, at the Jerusalem proceedings, an American businessman, Robert Galvin who is world chairman of Motorola, told the 400 men and women from 27 countries who are attending the conference that investing in Israel is good business. Motorola is the largest foreign investor in Israel.

Galvin said that the 20 years of Motorola’s activities here were an “excellent placement.” He paid tribute to his Israeli associates who, he said, “rank as the most remarkable people with whom I share the stewardship of Motorola’s affairs.” He also praised the government for its cooperation with his firm.

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