Arrangements under which sterling credits of the West German Government were made available to the State of Israel to finance its oil purchases in London under the German-Israel reparations agreement, have been extended to cover Israel’s oil requirements for the coming year, Dr. F. Shinnar, head of the Israel trade mission in Germany, reported here today to the public advisory council on reparations problems.
Dr. Shinnar, who is to return to Germany shortly, also reported that prices had decreased on the German market. Orders for most of the raw materials which are to be supplied within the coming year have already been prepared, Hillel Dan, director of the reparations purchasing company, reported. Dr. Herbert Ferder, chairman of the council, publicly voiced thanks to all who had participated in the reparations negotiations and especially to Dr. Nahum Goldmann, chairman of the Conference on Jewish Material Claims Against Germany.
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.
