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Israel Finds Buying from Turkey Difficult; Prices Too High

December 10, 1954
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An Israel trade delegation which spent some weeks here trying to purchase Turkish products has left after a not too fruitful visit.

The Israelis found that Turkish prices for some products are higher than the world price and that some other items are in short supply and cannot be exported by the Turks. The Israelis indicated before they left that if prices come down to a level with world prices on some Turkish items Israel will purchase.

Since Israel is about $1,000,000 ahead in current trade with Turkey, it must find more products to buy from the Turks if it hopes to sell them more. Under the present clearing arrangement, neither country may fall behind more than $1,500,000 in an exchange of goods.

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