Czechoslovakia has agreed to supply the United Arab Republic with equipment and materials amounting to 50,000,000 pounds sterling ($140,000,000), it was reported here today. A preliminary agreement between the two countries provides for the granting of long-term credit to the UAR for the purchase of the Czech goods.
At the same time it was also reported here from Amman that the Arab League’s “Israel Boycott Office” has proposed the establishment of an all-Arab company “with immense capital and special concessions” to compete with Israeli goods in countries outside the Arab bloc, according to an Amman radio broadcast monitored here today.
The London press this morning predicted that the UAR and Australia will resume diplomatic relations, broken off three years ago after the Suez campaign. Cairo has also reportedly suggested that a full reconciliation with Britain may be announced this month, now that the Macmillan government has been reelected. Britain and the UAR took the initial steps toward a better understanding when they settled their Suez claims last February.
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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.
