Finance Minister Pinhas Sapir disclosed today that he had submitted a formal request to Secretary of State William P. Rogers for a $300 million low interest loan from the U.S. and a $200 million grant. He said he made the request when he met with Rogers here Friday during the Secretary’s brief visit to Israel. He said Rogers promised to convey the request to President Nixon. Sapir made the disclosure in reply to a question from a member of an Israel Bond Organization delegation from Los Angeles. He noted that for the past 10 years Israel has received no grants from the U.S. and that even earlier most American aid has been in the form of loans, though on easy terms. in reply to another question, Sapir said he didn’t think the U.S. government would exert pressure on Israel by means other than those customary between friendly states. The $500 million U.S. economic aid for Israel was approved by the Nixon administration last year but the proportion between grant and loan was not fixed.
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