Industrial circles here expressed hope today that the recently announced 15 percent surcharge to be levied by the new Labor Government on all industrial products imported into Britain would be only a short-term measure since nearly two-fifths of Israeli exports to England will be affected by it.
During the past year, Israel exported to Britain some $18, 000, 000 worth of industrial products such as textiles, yarns and plywood, Other exports worth $30, 000,000 consisting of citrus and diamonds will not be affected by the surcharge. Israeli trade officials said that Israel might have to look for new markets by exporting these products affected by the surcharge.
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The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
