Negotiations between the Israel Government and the Palestine Potash Company over the resumption of the company’s activities on the Dead Sea and extension of its concession will begin here within a few days, following the arrival of a group of the company’s directors.
The Israel Perliament recently approved a Cabinet decision to permit the company to resume activities if it meets a number of conditions, including the sale of sufficient shares to permit control of the corporation by Israclis. The directors who have arrived here include Lord Glenconner of London, Israel Brodie of New York and Moshe Novomiesky, manager of operations.
Help ensure Jewish news remains accessible to all. Your donation to the Jewish Telegraphic Agency powers the trusted journalism that has connected Jewish communities worldwide for more than 100 years. With your help, JTA can continue to deliver vital news and insights. Donate today.
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.
