Israeli executives due here

Israeli executives due here

TEL AVIV (Reuter): Senior executives from Koor Industries Ltd, Israel's largest industrial concern, will visit four Asian countries, including Indonesia, in February to seek out trade and business opportunities, industry sources said.

The trip will include Indonesia and Sri Lanka -- countries without diplomatic ties to Israel -- as well as Myanmar and Vietnam, the sources said.

It would be the most senior economic delegation from Israel to ever visit those countries, the sources said.

Koor spokesman Amiram Fleischer confirmed a delegation of senior executives was planing to visit some Asian countries but refused to provide further details.

The delegation will be headed by Koor president and chief executive Benjamin Gaon and Koor chairman Stanley Gold, who heads Shamrock, the Disney family's investment vehicle that owns 22.5 percent of Koor.

The meetings in Myanmar, Vietnam, Sri Lanka and Indonesia are expected to strengthen trade relations between Koor and Asian industry and "could lead to an opening of Koor offices in those countries", a source said.

Koor's spokesman refused to comment on whether the delegation would meet government officials while in Indonesia.