Israel’s balance of trade deficit rose by 14 percent during the first six months of 1971 owing mainly to the purchase of ships and aircraft abroad, the Central Bureau of Statistics reported. If ships and planes are excluded, Israel’s trade deficit actually declined by eight percent for the period. According to the Bureau’s figures it stood at $298 million for the period Jan.-June, 1971 compared to $325 million for the same period last year. Adding the purchase of ships and planes, the deficit climbed to $412 million. Israeli over-all imports grew by 19 percent during the Jan,-June period to total $879 million net while exports rose by 24 percent, totaling $468 million.
CORRECTION: The American-Israel Cultural Center referred to in the sixth story on Page 4 of the July 26 Daily News Bulletin should be America-Israel Cultural Foundation.
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.
