June 15, 1994

Communicated by Uri Palti, Foreign Ministry Spokesman

In a meeting in Luxembourg, Foreign Minister Shimon Peres and European Community President Jacques Delors, discussed the latter’s initiative to establish a plan for supplying water and energy in the Middle East.

President Delors expressed his unequivocal support for granting Israel the status of a full member in regard to the Community’s research and development framework.

Following his appearance before European Foreign Ministers, Foreign Minister Peres met with Luxembourg’s Prime Minister, Jacques Santer, and Grand Duke Jean. During these meetings, it was agreed, inter alia, that Luxembourg would finance a joint development project with Israel in Gaza.

Luxembourg will also invest approximately $3 million for joint scientific and research projects with Israel. It was agreed that a treaty cancelling double-taxation would be signed. Joint cultural agreements were signed, as was an air agreement.

Luxembourg’s Foreign Minister announced that his country would support Israel’s acceptance as a full member in terms of the European Community’s research and development programs, and would work towards raising Israel’s agricultural export quotas to the Community.