Israel and Turkey have amended their trade agreement to permit a $3,000,000 differential between imports and exports from one country to the other, it was revealed here today. In the past the “swing” between imports and exports have been limited to $850,000.
Turkey recently cut off imports from Israel when the “swing” exceeded the limit, but the placement of large orders by Israel with Turkish firms and the increase in the “swing” limit have resulted in full resumption of trade.
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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.
