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Israel and Soviet Union Discussing Barter Arrangement; Russian Envoy Back in Moscow

Israel and the Soviet Union are currently discussing a barter arrangement for the exchange of a large number of different items, it was learned here today.

I. Lapukhin, a Soviet trade official, who arrived in this country several weeks ago and has since returned to Moscow, conferred with Israel economic and industrial leaders. While he was here, he met Finance Minister Eliezer Kaplan and Arieh Shenkar, head of the Israel Manufacturers Association. He expressed great interest in Israel’s economic development.

The Soviets, it was reported, are interested in citrus concentrates, citrus by-products, oils and essences, chocolate and cocoa, pharmaceuticals, false teeth, polished diamonds, nylon stockings, shoes and textile wastes. In return, Russia is prepared to ship to Israel sugar, cement, timber, flax, canned fish, cattle fodder and newsprint.