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Bars to Implementation of Israeli-hungarian Trade Pact Resolved in Parley

October 30, 1949
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Obstacles which had been holding up the exchange of goods under the Israel-Hungarian trade pact have been removed following talks between Budapest authorities and Dr. T.M. Kimori, of the Israel Ministry of Trade, it was learned in commercial circles here today. Under the terms of the trade agreement, covering the exchange of more than $5,500,000 worth of goods, Israel was to send textiles and other goods in exchange for foodstuffs and finished articles.

(A report from Warsaw today stated that two ships, each loaded with 3,000 tons of cement, sailed for Israel from Gdynia harbor. Additional shipments of cement are scheduled to leave for Haifa in the near future.)

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