The Haavara Agreement (Hebrew: הסכם העברה heskem haavara "transfer agreement") was signed on 25 August 1933 after three months of talks by the Zionist Federation of Germany (die Zionistische Vereinigung für Deutschland), the Anglo-Palestine Bank (under the directive of the Jewish Agency) and the economic authorities of Nazi Germany. The agreement was designed to help facilitate the emigration of German Jews to Palestine. While it helped Jews emigrate, it forced them to give up most of their possessions to Germany before departing. Those assets could later be obtained by transferring them to Palestine as German export goods.
Read more about Haavara Agreement: Hanotea, Haavara Agreement
Famous quotes containing the word agreement:
“The doctrine of those who have denied that certainty could be attained at all, has some agreement with my way of proceeding at the first setting out; but they end in being infinitely separated and opposed. For the holders of that doctrine assert simply that nothing can be known; I also assert that not much can be known in nature by the way which is now in use. But then they go on to destroy the authority of the senses and understanding; whereas I proceed to devise helps for the same.”
—Francis Bacon (1560–1626)