Middle East: That Arab Boycott


In their continuing cold war with Israel, the 20 nations of the Arab world since 1951 have imposed an economic boycott not only on Israeli goods but on all those who deal with or help Israel economically. Through a central boycott office in Damascus and 18 regional offices throughout the Arab world, the Arabs have blacklisted more than 600 firms, including 167 U.S. companies (among them Revlon, General Tire and Bulova Watch). Last week the Arabs added to their blacklist a new and prestigious member: the Chase Manhattan Bank, the world's second largest bank, whose 102 offices overseas make...

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