LONDON (Nov. 25)
Eastern European countries, with the exception of the Soviet Union, are planning to increase their purchases of Israeli citrus fruit, Barclay’s Bank “Overseas Review” reported today.
The authoritative trade journal said that Poland is believed to have placed orders for 104,000 cases of Israeli oranges. Yugoslavia has ordered 40,000 cases of fruit and Rumania 10,000, while negotiations continue between Israeli growers and Hungary and Bulgaria. The USSR, which unilaterally broke an oil-for-citrus agreement two years ago, is not expected to buy Israeli fruit. Exports from Israel to the Communist countries of Europe, the review said, totalled $8,600,000 in the first seven months of 1958.
Trade with the United States will also increase, the review stated. A first shipment of asbestos cement pressure pipe will soon be shipped to the U.S., the first time this product has found a market in the U.S. Cement products will be shipped shortly to Hong Kong and Burma, it was reported.
A major increase is expected in Israel-German commerce, according to the publication. Negotiations are under way for the sale of 100,000,000 Israeli eggs to West Germany, while some industrial products are expected to be shipped by the Israelis to Germany. At the same time, Israeli film importers, anticipating a lifting of the anti-German film ban, have already made down payments on German-produced movies.