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Transport of 10,000 Tons of American Wheat Arrives in Israel

June 23, 1955
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A shipment of 10,000 tons of American wheat was brought to Haifa yesterday in the freighter S.S. Eugene. Three more shipments of surplus American agricultural products for which Israel has contracted will arrive before the end of this month.

Under a series of Israel-American agreements some $19,500,000 worth of agricultural goods will be paid for by Israel in its own currency. Half of this sum will be returned to Israel in the form of long-term loans for development projects and the other half will be used at the discretion of the United States Operations Mission in Israel. Products purchased from American will include wheat, rice, cotton, tobacco, fodder, butter and cottonseed oil.

United Nations grants and technical assistance to Israel will amount to $400,000 in the current year, Dr. M. Shaar, resident representative of the UN technical assistance program, informed Premier Moshe Sharett today. The technical aid program includes provision of 12 new experts who will remain in Israel 41 months.

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