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Israel Signs $1,300,000 Trade Pact with French Firm; Exports $2,800,000 in Textiles

March 3, 1950
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Conclusion of a $1,300,000 trade agreement with a French firm in Morocco was announced here today. The pact involves imports from France, for which payment will be made partly in dollars and partly in citrus exports and in French france invested in Israel.

Israel-manufactured textiles valued at $2,800,000 were sold abroad during the past four months, it was reported today. Denmark alone purchased some $1,000,000 worth of textiles while other countries which bought Israel goods–including woolen gabardine, nylon hosiery and knitting wool–were Finland, Sweden, Hungary, Netherlands, Norway, Italy, Switzerland, Belgium and Eire.

Israel will receive frozen fish, cheese, milk powder, machinery and, perhaps, meat, from Denmark, as a result of a recent trade pact signed between the two nations. The Jewish state will supply Denmark with finished products of various types. In a deal with Finland, Israel will receive raincoats and knitting wool in return for medical supplies. A shipment of 2,000 pairs of nylon stockings manufactured in Israel was sent to Sweden via Scandinavian Airlines.

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