After
months of negotiations, the United States and Israel have agreed on a
new military aid package, the largest ever for the strategic
partnership. According to Israeli media, Yaakov Nagel, acting head of
the Israeli National Security Council, is traveling to the US to sign
a new military aid agreement this week. Sources speaking to the
Jerusalem Post revealed that the US will supply Israel with at least
$38 billion in military aid over the next ten years.
[...]
The
two nations negotiated the agreement over the past year. One point of
contention was how Israel would be allowed to spend the money, with
the US insisting that the aid be paid back to American defense
companies rather than local industries. The new arrangement allows
Israel to spend the money on its own defense firms for the first six
years.
[...]
A
suit filed by the Institute for Research: Middle Eastern Policy last
month argues that Washington’s financial support of Israel violates
the Arms Export Control Act, which prevents the US from authorizing
aid to countries that are not party to the Nuclear Non-Proliferation
Treaty.
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