Search JTA's historical archive dating back to 1923

Soviet Agrees to Pay in Foreign Currency for Israeli Products

September 3, 1952
See Original Daily Bulletin From This Date
Advertisement

The Soviet Government has agreed to pay in foreign currency for citrus fruits imported from Israel, it was reported here today by an Israeli delegation which went to Moscow to negotiate an agreement for the sale of citrus fruits.

Previously, Soviet authorities suggested an exchange of wheat for citrus fruits. Israel, however, rejected such an arrangement, because the prices quoted by Moscow for wheat were higher than world market prices. The Soviet authorities agreed to buy 400,000 cases of Israeli oranges.

Next year’s citrus crops is estimated at 6,000,000 cases as compared with the 3,700,000 cases sold last year. Zvi Isaacson, head of the Citrus Marketing Board, said prior to his departure on a sales trip to Scandinavia, the Benelux countries, France and Switzerland.

Recommended from JTA

Advertisement