Israel’s Industrial Development Bank will receive loans of $30,000,000 from the International Bank for Reconstruction and Development and $60,000,000 from private investors and banks, Pinhas Sapir reported on his return from an extensive overseas tour. The Minister of Finance, Trade and Commerce said the World Bank loan had been approved in principle.
An Israeli economic mission left today for the Scandinavian countries to discuss possibilities of increased trade relations. The mission members will be guests of chambers of commerce, manufacturers associations and export institutes in Norway, Sweden, Denmark and Finland.
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