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Eshkol to Confer with U.S. Bankers on $25,000,000 Investment Fund

September 10, 1962
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Israel’s Finance Minister Levi Eshkol announced here tonight–as he left for the United States after a quick stop-over for a conference with Prime Minister Georges Pompidou–that he will meet with non-Jewish bankers in New York who are considering the establishment of a $25,000,000 investment fund in Israel.

Mr. Eshkol took up a number of issues vital to Israel in his brief conference with Premier Pompidou. They included Israel’s desire for a link with the European Common Market; the imbalance of Franco-Israeli trade, in which Israel buys from France eight times as much as it exports to France; and the possibility of France granting compensation to Algerian Jews who settle in Israel along the same lines as French payments to Algerian refugees resettling in France.

Among Mr. Eshkol’s activities facing him on this American visit will be participation in the campaigns of the United Jewish Appeal and the Israel Bond Organization.

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