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Knesset Bill to Aid Foreign Investors Impresses European Businessmen, Grossman Says

January 20, 1950
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Jewish and non-Jewish financial circles abroad have been favorably impressed by the proposal now before the Knesset to encourage private capital investments in Israel through special concessions, Meir Grossman, Jewish Agency executive member in charge of the economic department, declared today at a press conference following his return here from an extensive tour through Europe.

France, he said, favors economic relations with Israel, with reservations, despite the fact that the Jewish state in the past nine months purchased 1,000,000,000 france worth of French goods. The lack of an Israel-French trade agreement, he added, hampers commercial relations between the two nations, he declared.

Mr. Grossman said he was pleasantly surprised to find in England that both Jewish and non-Jewish circles have increased their interest in furthering economic relations with Israel. He added that the same attitude prevails in Sweden, Belgium and Switzerland.

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