The Mideast Boom Waiting To Happen

After U.S. Secretary of State Warren M. Christopher landed in Casablanca on Oct. 31, his first stop was a low-key reception for American executives in a suburb of Morocco's business capital. There, several dozen top executives from companies such as Westinghouse, Amoco, and Citicorp listened politely as Christopher glowingly reported on the Clinton Administration's diplomatic successes in the Middle East. "With the Arab-Israeli conflict coming to an end," Christopher told the executives, who were in Casablanca to attend a conference with hundreds of Arabs, Israelis, and Europeans, "the Middle East is now open for business and you have to be there."

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