The NY Post reports: In 1950, just two years after the State of Israel was founded, the country’s first commercial delegation set off for South America.
Israel desperately needed trading partners. Unlike its Arab adversaries, Israel did not have natural resources to fund its economy. There was no oil or minerals. Nothing.
The delegation held a couple of meetings but was mostly met with laughs. The Israelis were trying to sell oranges, kerosene stove tops and fake teeth. For countries like Argentina, which grew its own oranges and was connected to the electrical grid, the products were pretty useless.
Read more here.