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New Trade Agreement Between Israel and Ghana is Signed in African Capital

May 27, 1968
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A new trade agreement signed between Israel and Ghana here today calls for the widest possible exchange of goods between the two countries. The new agreement replaces one signed in 1958. It was drafted by Ghanaian authorities and a five-man Israeli trade mission, headed by Joseph Katz, controller of foreign exchange of the Israeli Finance Ministry. Prior to signing the pact, both sides reviewed economic, agricultural and technological cooperation between the two countries during the past 10 years. One of the major instances of Israeli commercial assistance to Ghana was the establishment of a Ghanaian national shipping line, Black Star Line, Ltd. It was founded in 1957 in partnership with Israel’s Zim Lines. Black Star, now the largest shipping enterprise of any black African nation, became independent in 1960. Zim Lines, however, still serves as its general agents outside of Africa.

(The National Association of Students, a Jerusalem group embracing several student organizations of Africa and other parts of the world, has petitioned the Israel Government to extend diplomatic recognition to Biafra, the break-away eastern province of Nigeria. The Foreign Ministry said that it had not yet received the petition. Biafra so far has been recognized by two African countries but none outside that continent.)

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