Israel was pictured today as considering steps to counteract the complete trade boycott imposed by Moscow against it for the past two years.
Until now leading Israelis have not publicly indicated concern with the Soviet Union’s economic campaign launched during the Sinai Operation when the USSR unilaterally cancelled an oil-for-citrus agreement. Since then, in a crude mockery of an arbitration hearing Israel’s claims for damages resulting from breach of the oil pact were rejected by the Moscow Chamber of Commerce, arbitration authority under the terms of the pact. A number of other, lesser trade agreements have been broken.
Israel apparently hoped for an improvement in the situation but has been disappointed. Now, the Israelis are said to be looking into ways to point up the USSR’s use of economic warfare at a time when Moscow claims the West is engaged in trade aggression.
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