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Israeli and British Governments May Negotiate Commercial Agreement Next Month

February 14, 1949
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An Anglo-Israeli trade agreement will be negotiated next south, it was reported here today. According to the report, Israel will ship citrus products to Britain in exchange for machinery and textiles.

Three points which must be ironed out before a final agreement is reached are: I. Israel’s entry into the Sterling area; 2. Ninety million; pounds blocked in Palestine balances in London; and 3. The Haifa oil refineries.

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