Israel’s industrial exports in 1965 will reach a total value of $350,000,000, as compared with exports worth $305,000,000 in 1964, Finance Minister Pinhas Sapir reported to the Knesset, Israel’s Parliament, here today. Israel’s total exports this year, he said, will reach a value of $700,000,000.
Mr. Sapir made these predictions as he presented his ministry’s budget for the next fiscal year, totaling 26,000,000 pounds ($8,667,000). He told the Knesset also that the next five years will witness expansion of mechanization and automation in industrial enterprises in this country.
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