Refinancing of Palestine Potash Company Studied; May Get $3,500,000 from U.S. Groups

The Israel Government is now considering a proposal that the Palestine Economic Corporation underwrite $1,000,000 towards the refinancing of Palestine Potash, Ltd., it was announced today by the P.E.C. headquarters here. Part of the proposal includes a $2,500,000 loan from the Export Import Bank.

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