Israel is our only true friend in the Middle East because it is an enduring democracy. Israel should not have the overriding concern for absorption loan guarantees as she enters into peace negotiations which may determine her very survival. The provision of these guarantees would be a humanitarian gesture. Israels population will increase 20 percent in the next 5 years as a result of refugee absorption. These guarantees will help Israel to absorb the most educated wave of immigrants in her history40 percent have college degrees. and will expand the economy and generate revenues. Additionally. Israel has never defaulted on a loan.
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immigrants refugee