West Germany and West Berlin imported 650,000 cases of Israel oranges and grapefruit in the 1955-56 season, through commercial trade arrangements made outside of reparations channels, it was reported here today.
These purchases are valued at $3,500,000 and constitute a straight business transaction. Payment is effected partly in specified German goods, partly through foreign exchange surplus balances accumulated by Germany in third countries and now released to the credit of Israel, which employs them to meet its trade obligations in those countries.
By buying 650,000 cases, Germany has moved into second place among customers of Israel citrus fruit, ahead of Sweden, the Soviet Union, Finland and France, but still far behind Britain. During the past season, the German market absorbed better than eight percent of Israel’s total citrus exports.
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.
