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The Haavara Agreement – see transcript of Circular 54/1933 of the Reich Ministry of Finance, August 28, 1933 below – was an official contract between the Third Reich authority and Zionist Authority benefiting the interests of both parties. Haavara was intended to promote both the emigration of German Jews and the export of German products to Palestine.
In 1935 the steamer “Tel Aviv” made its maiden voyage from Nazi Germany to Haifa with Hebrew letters on its bow and a Nazi flag fluttering from its mast. The Captain of the Zionist-owned ship was a member of the Nazi Party. A passenger described the spectacle as a “metaphysical absurdity.”
As a result of the Agreement, German exports arrived in Palestine at bargain prices with the help of Jewish capital and Jewish commerical assistance. It boosted the Nazi economy at a time when Jews worldwide were boycotting German goods. Goods worth a total of 139.5 million Reichsmark were transferred by 1939. The Agreement also made it possible to settle a large number of German Jews in Palestine. The outbreak of war in September 1939 ended the transfer practice.
Circular 54/1933 of the Reich Ministry of Finance, August 28, 1933
Continue reading The incredible “Haavara Agreement” between Nazis and Zionists
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