The possibilities of post-war exports from Palestine have been discussed by representatives of the Jewish Agency and Anglo-American trade experts in the Middle East and in the Far East, it was revealed here today by Dr. Emil Shmorak, head of the economic department of the Agency.
Dr. Shmorak also discussed the same subject with Turkish economic experts during his recent visit to Turkey. “All these discussions,” he declared at a press conference today, “brought out the fact that it will be possible to develop an export trade in Palestine; the main obstacle to organized export, however, is the Palestine Government.”
Emphasizing that post-war development of Palestine must be based on increased industry, which in turn is dependent on increased organized exports, Dr. Shmorak declared that as result of his conversations in Turkey he is in a position to state that Turkish raw materials, including ore and copper, might be exchanged for Palestine products.
Information received here today from Johannesburg states that a new company has been formed there with capital of $500,000 to encourage trade between Palestine and South Africa. The company will be known as Palestine-Africa Shippers, Ltd. and will start operation immediately upon the termination of hostilities. Many prominent South African Zionists have acquired shares in the company.
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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.
