US And Israel Sign $38 Billion Military Aid Deal

The US will give Israel $38 billion in military aid over the next ten years under a landmark agreement which was signed on Wednesday. The deal, the largest military aid package in U.S. history, was signed as planned by Israel’s national security advisor and a senior US diplomat. The Israeli Prime Minister Benjamin Netanyahu released a statement after the signing, calling the deal “historic.” The deal will require Israel to buy all weapons from US manufacturers, unlike previous aid packages which partially went to Israeli companies. Middle East Eye reports: Israel’s acting national security adviser Jacob Nagel and US Under-Secretary of State Tom Shannon signed the deal at the State Department, bringing to an end months of wrangling over the details of the package. The deal prevents Israel from requesting additional aid from Congress over the next 10 years, and will also remove the previous arrangement which had allowed Israel to use up to 25 percent of the aid money on its own defence industry, instead requiring that all the aid is spent with US arms manufacturers. “Prime Minister Netanyahu and I are confident that the new MOU will make a significant contribution to Israel’s security in what remains a dangerous neighbourhood,” [...]

The post US And Israel Sign $38 Billion Military Aid Deal appeared first on Your News Wire.