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US pledges record $38bn military aid to Israel over next 10 years [View all]
Source: The Guardian
US pledges record $38bn military aid to Israel over next 10 years
• Deal represents largest batch of US military assistance to any country ever
• Israel’s ability to spend part of funds on Israeli products to be phased out
Julian Borger in Washington
Tuesday 13 September 2016 20.35 BST
The US will will give the Israeli military $38bn over the next decade in what Washington described as the biggest package of military assistance in its history.
The military deal which will be signed in Washington on Wednesday includes an estimated $5bn for missile defence. Under the previous deal, the US provided Israel with $30bn over a 10-year period, although the actual funds delivered over that time period were about $35bn as Israel sought additional funds from the US Congress. Congress had previously funded Israel’s missile defence spending.
Under the new deal, Israel would not be able to solicit extra money from Capitol Hill. In other conditions placed on the new memorandum of understanding, Israel would no longer be allowed to spend over a quarter of the military aid on home-produced weaponry, and would instead be required the full amount on US arms. Nor would it be able to spend any of the aid on fuel for its armed forces.
Disagreements over these limitations delayed completion of the new deal, which has been under negotiation for 10 months.
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• Deal represents largest batch of US military assistance to any country ever
• Israel’s ability to spend part of funds on Israeli products to be phased out
Julian Borger in Washington
Tuesday 13 September 2016 20.35 BST
The US will will give the Israeli military $38bn over the next decade in what Washington described as the biggest package of military assistance in its history.
The military deal which will be signed in Washington on Wednesday includes an estimated $5bn for missile defence. Under the previous deal, the US provided Israel with $30bn over a 10-year period, although the actual funds delivered over that time period were about $35bn as Israel sought additional funds from the US Congress. Congress had previously funded Israel’s missile defence spending.
Under the new deal, Israel would not be able to solicit extra money from Capitol Hill. In other conditions placed on the new memorandum of understanding, Israel would no longer be allowed to spend over a quarter of the military aid on home-produced weaponry, and would instead be required the full amount on US arms. Nor would it be able to spend any of the aid on fuel for its armed forces.
Disagreements over these limitations delayed completion of the new deal, which has been under negotiation for 10 months.
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Read more: https://www.theguardian.com/world/2016/sep/13/us-israel-aid-38-billion-record-military-assistance
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