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Israel Cabinet Ratifies Treaty Restoring Property to Italians

September 1, 1954
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The Israel Cabinet has ratified a treaty with Italy providing for the return to Italy of the property of Italian citizens seized by the Palestine Mandatory Government during World War II and maintained by the Custodian of Enemy Property since the British evacuation of Palestine, it was announced here today.

The treaty also provides for Italian reimbursement to Israeli citizens whose property was lost or stolen in Italian ports during the war and the immediate prewar years. The total amount involved in these transactions is estimated to exceed 320,000 pounds. The Italian Parliament must still ratify the pact to make it effective.

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