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Israel’s Trade Pact with Italy Termed “considerable” Achievement

March 17, 1954
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Israel will buy from Italy about $9,000,000 worth of goods annually under the recently concluded Israel-Italy trade pact, and will export some $3,000,000 to $4,000,000 worth of goods to Italy where previously almost no Israeli goods were sold, Moshe Bartur, director of the Foreign Ministry’s economic department, said today.

Mr. Bartur, who has just returned from Italy, where he headed the trade negotiators, called the pact a political and economic achievement of considerable note. He denied recent reports from London, featured in the Israeli press, that British oil companies had protested Israeli purchases of crude oil from the Soviet Union.

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