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Israel-british Accord on Jewish State’s Frozen Assets Hailed in Jerusalem

February 10, 1950
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Satisfaction over the accord reached by British and Israel financial delegations in London for the release of some $30,000,000 in Israel assets this year was expressed today in official circles here.

The unfreezing of Israel sterling balances by Britain will undoubtedly make it easler for the Jewish state to import raw materials, machinery, food and oil, a spokesman for the Ministry of Finance here said today.

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