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New Body Set Up by Israel Parliament to Encourage Foreign Capital Investments

January 27, 1950
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The Finance Committee of the Israel Parliament decided today to establish a joint body composed of members of the Finance and Economic Committees to consider urgent measures to encourage foreign capital investment in Israel.

Meanwhile, Parliament referred to the Finance Committee a bill introduced yesterday which would name a custodian for an estimated $9,000,000 worth of German property in the Jewish state.

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