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Israel Receives News of Relaxation with Great Satisfaction

December 24, 1965
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Israeli citrus growers and economic circles received here today with considerable satisfaction the decision of the executive commission of the European Common Market to cancel the minimum reference prices for imported oranges which would have caused great losses to Israel’s citrus export trade.

Under the original proposal, the six-nation trade bloc set a price on imported oranges which would have forced Israel to pay about $20 per ton on its orange exports to a European fund to support the development of Italian agriculture. It also would have forced retail prices up for Israeli oranges in the six nations. Under the new arrangement, the minimum price will approximate the real price of Israeli citrus fruits in the Euromart countries.

The change was credited here to a large extent to the coordination of Israeli protests with two countries with which it does not have diplomatic relations–Spain and Morosco. Those two countries, as major orange exporters to the Euromart countries, would also have been severely damaged by the original reference prices.

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