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U.S. Investment Mission to Israel

February 5, 1981
See Original Daily Bulletin From This Date

— A delegation of American businessmen will visit Israel Feb. 6-13 to explore first hand investment opportunities in that country, U.S. Trade Representative (USTR) William Brock announced here.

The investment mission, which includes representatives from such companies as Burroughs Corporation, Tenneco Chemicals, and A.E. Staley Manufacturing, will meet with Israeli government and business leaders to discuss the economic outlook and investment climate in Israel.


Mission participants also will meet individually with Israeli businessmen to discuss potential joint ventures and specific investment opportunities.

In announcing the mission, Brock, the nation’s chief spokesman on international trade matters, said: “It gives me great pleasure that one of the first official events to take place between Israel and the United States under this Administration is the investment mission. This initiative is consistent with President Reagan’s strong commitment to furthering the Arab-Israeli peace process.”

The USTR has the lead role in coordinating the commercial and economic development aspects of the peace process in the Middle East.

The investment mission is sponsored by the Office of the U.S. Trade Representative in cooperation with other U.S. government agencies, the government of Israel, and the private-sector Israel-U.S. Joint Business Council. Assistant USTR Stephen Lande will lead the delegation.

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