The executive commission of the European Common Market proposed yesterday a reduction in the minimum price for imported oranges, which will ease a crippling threat to Israeli citrus sales in the six Euromart countries.
At the insistence of Italy, the only Euromart country selling citrus fruit to other Euromart countries, a reference price system was set up which would have boosed retail prices substantially on citrus fruits imported from Israel, Spain and Morocco. Israel and the two other non-member countries had protested the plan strongly.
The commission’s new proposal goes to the Euromart Council of Ministers, the key decision-making body of the six-nation trade bloc, which is expected to approve it.
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