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France Due to Reimburse Israel $52m for Embargoed Mirage Jets

December 14, 1971
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The Secretary of the Parliament’s Defense Commission told the National Assembly several days ago that the government has slated 287 million francs ($52 million) for the reimbursement of the 50 Mirage planes bought by Israel and embargoed since the Six-Day War. Joel Le Theule, the Secretary, said this sum does not include compensation and interest, which Israel demands. He added that negotiations were in progress on the degree of compensation on the basis of 6.5 percent interest a year, less than Israel demands. Negotiations were reported to have been resumed last week after an extended interruption. The talks are being held at the “experts” level and deal mainly with financial and technical aspects.

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