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Lica Protests Against Arab Blacklist

February 18, 1975
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The International League Against Racism and Anti-Semitism (LICA) published an appeal to the French government today to intervene in the Arab bank boycott. It said, “No blacklist in France.” adding that “West German and American banks under the same pressures have refused to submit and are supported by their governments. What is the French government waiting for to take an identical position?”

Meanwhile, banking sources here reported that French Jews are withdrawing their accounts from banks involved in the Arab bank boycott. Officials of Credit Lyonnais and the Banque Nationale de Paris, the two banks related to the Arab boycott have said privately that they have had an increase in the number of accounts closed since the news of the boycott became public. The closed accounts could probably be traced in a number of cases to a wish to protest against the bank’s activity with the Arab banks, the officials believe.

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