The Luxembourg Agreement, formally known as the Reparations Agreement between Israel and the Federal Republic of Germany (Hebrew: Heskem HaShillumim), was a 1952 bilateral accord signed on 1952-09-10 in Luxembourg and entered into force on 1953-03-27. Its purpose was to provide reparations from West Germany to Israel and Jewish organizations for damages inflicted during the Holocaust, including payments totaling approximately 3 billion Deutsche Marks (equivalent to goods, services, and cash) for the resettlement and integration of around 500,000 Holocaust survivors in Israel, as well as individual compensation to Nazi victims worldwide via the Conference on Jewish Material Claims Against Germany (Claims Conference). Negotiations involved Israeli Prime Minister David Ben-Gurion, West German Chancellor Konrad Adenauer, and the Claims Conference.