The Israel delegation to the Israel-Austrian trade talks here has proposed that Israel pay Austria for products bought partly in freely-convertible currency and partly transferring blocked Jewish accounts in Austria, it was learned today. It is expected that the blocked accounts will be used to pay for about one-third of all Austrian exports to the Jewish state.
The Austrian delegation promised to submit a favorable report on the proposal to the Austrian National Bank and the Finance Ministry. The Israelis also suggested a trial arrangement on this basis for six months. The talks have been suspended until November 3 because the chief of the Israel delegation, Dr. M. Schamir, must visit Warsaw this week.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.