Israel’s exports to West Germany are increasing but there is still considerable room for improvement in trade between the two countries, it was reported here. Israel exported $193 million worth of goods to West Germany in the first 11 months of 1971, an increase of 35 percent over the same period of the previous year. Israeli exports to this country represented 10 percent of its total exports in 1971 and its imports from Germany accounted for 13 percent of all its imports that year.
But trade with Israel accounts for only five percent of West Germany’s total foreign trade. Israel’s import surplus from Germany is exceeded by Bonn’s long term loans to Israel which amounted to $140 million last year. In addition, West Germany made restitution payments to Israel in the amount of $176 million during the first nine months of 1971.
New York Mayor John V. Lindsay will proclaim the week of Feb. 28 “Hadassah Week.”
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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.
