Israel made very significant progress toward closing its foreign trade deficit in the first six months of 1965, official reports showed here today. Due largely to increasing exports of citrus fruits, Israel’s foreign trade deficit–the difference between total exports and total imports–in the period January-June of 1965 amounted to $172,000,000.
That figure is 25 percent below the trade gap in the comparable period of 1964. The total exports of citrus fruits the first six months of this year amounted to $230,000,000, as compared with $196,000,000 during January-June of 1964.
Simultaneously it was reported today that 138,000 tourists came to Israel during the first six months of this year, an increase of 18 percent by comparison with the same period of 1964. Minister of Tourism, A. Govrin said that projects for the encouragement of further growth in tourism have been undertaken by the Ministry.
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