The Turkish Trade Ministry has granted the equivalent of $3,245,000 in import licenses for a variety of Israel products, it was announced here today. The applications approved today were on file since last October when the last import licenses were issued.
While imports from Israel dropped off during the license freeze, the Israel-Turkish trade balance recovered from a previous lopsidedness favoring Israel. With the new permits, Israel will once again swing into the creditor’s side of the ledger.
A year ago, Turkey owed Israel about $4,000,000. Since that time Israel has bought $11,000,000 worth of goods from Turkey and only exported $7,000,000. The latest Israeli order here is for $2,500,000 worth of oil cakes, soya beans, cattle and fish.
Meanwhile, Israeli contractors have been searching the Turkish market for new opportunities. Two private construction firms are well entrenched here, currently building factories and a road in this city. Another contractor has built hundreds of homes for members of the Turkish Parliament and for newsmen. Solel Boneh, the construction cooperative, which has completed contracts for NATO installations, is now in the field for private construction.
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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.
