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Tel Aviv Finance Ministry Head Leaves for Anglo-israel Trade Talks in London

January 19, 1950
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David Horewitz, director-general of the Israel Finance Ministry, left today for London where he will head the Israel delegation to the trade and finance talks with British Treasury officials.

The talks, which are scheduled to begin within the next week or so, are expected to last until sometime after the coming British general election on Feb. 23. The Israel delegation will be split into two parties, one discussing disposition of Israel sterling balances frozen in London banks, and the other settling financial problems remaining from the British Mandatory regime in Palestine.

(In London, it was learned that the British Foreign Office, which is in charge of the British end of the financial talks with Israel, has approved proposals by the Treasury to bring about a settlement of Britain’s claim against the successor of the Palestine Government, and Israel’s counterclaims. Both Treasury and Foreign Office scurces today expressed themselves as optimistic concerning the possibility of concluding a satisfactory agreement.)

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