A $2,000,000 Israel-Yugoslav trade agreement was signed in Belgrade yesterday, it was announced here today. Israel Minister to Belgrade Moshe Ishai initialled the agreement on behalf of the Jewish state while a Yugoslav Foreign Ministry representative signed the document on behalf of his government.
Under the agreement, Israel will import from Yugoslavia timber, corn, beans, potatoes, onions and other foodstuffs. Yugoslavia will also ship to the new state lead and various chemicals. In turn, Israel will export to Yugoslavia citrus fruits citrus by-products, woolen yarns, razor blades, oils, optical lenses, artificial teeth and sheet glass.
Israel will pay for the Yugoslav imports partly in hard currency and partly in export products. In addition to the agreement, Israel plans to purchase from Yugoslavia sufficient timber for the manufacture of 1,000,000 citrus crates. The commercial pact with Yugoslavia makes it the sixth such agreement reached between Israel and other countries in the past nine months. Others concluded to date have been with the Netherlands, Hungary, Poland, Finland and Uruguay.
Help ensure Jewish news remains accessible to all. Your donation to the Jewish Telegraphic Agency powers the trusted journalism that has connected Jewish communities worldwide for more than 100 years. With your help, JTA can continue to deliver vital news and insights. Donate today.
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.
