Israel’s Finance Minister Levi Eshkol today was afforded “a very good opportunity” to explain the background of economic problems of Israel to Secretary of State Dulles. Israel Ambassador Abba Eban made this known after a State Department meeting that lasted almost an hour.
Mr. Eshkol called on Secretary Dulles to provide a full survey of economic problems which Israel faces, especially those arising from the increased flow of immigrants. The Israel Finance Minister met again today with officials of the U.S. Export-Import Bank. Plans are going forward for a bank team to leave for Israel in July to consider Israel’s application for a $75,000,000 irrigation development loan. Specific programs have been discussed by Mr. Eshkol in meeting with other government agencies including the Department of Agriculture and the International Cooperation Administration.
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