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U.S. to Sell $17,040,000 Worth of Surplus Commodities to Israel

The Israel Embassy today announced the conclusion of an agreement with the U.S. which provides for the sale of $17,040,000 worth of U.S. surplus agricultural commodities to Israel.

Under the agreement, which was signed November 10, wheat, feed grain, edible fats and oil, cotton, butter, cheese, dried milk, beans, tobacco, and ocean transportation will be available for Israel to purchase. Sales will be made by private U.S. traders.

The agreement which falls under the U.S. Agricultural, Trade, Development and Assistance Act of 1954, is the second of its kind to be concluded between Israel and the U.S. The first agreement was reached April 29, 1955.