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Britain’s Cautious Stand on Credits to Israel Criticized in Commons

February 16, 1955
See Original Daily Bulletin From This Date

A debate on the British Government’s overly cautious approach toward granting Israel credits for purchasing British goods developed in Parliament today during a discussion of the British herring industry.

A number of MP’s pointed out that there is a good market for British herring in Israel but that it could not be exploited because the Israelis do not have sufficient sterling to purchase such products from Britain and because the British Government will not guarantee credit arrangements between British firms and Israel. It was also stressed that other European countries were selling Israel considerable quantities of this fish.

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