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Germany Has No Plans for Israeli Loan in 1962, Says Foreign Minister

July 5, 1961
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West Germany has “no concrete plans” at present to extend a loan to Israel after the present German-Israel reparations agreement expires in 1962, Foreign Minister Heinrich von Brentano declared here last night. He made the statement in answer to an inquiry during a television interview here.

“Just what these relations will be,” as between West Germany and Israel, he added, “whether we will grant a loan, or make some arrangements, I cannot say exactly. But they will be normal. ” Asked whether West Germany will aid Israel, as it helps other underdeveloped countries, he replied; “We certainly cannot call Israel an underdeveloped country. I have not had the privilege of visiting Israel, but I know about its wonderful achievements.”

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