US signs unprecedented deal with Israel for $38 billion in military aid over next decade

However, the deal allows for Israel to request more funding in cases of “emergency” — which reportedly include war, Israeli efforts to destroy tunnels between the besieged Gaza Strip and Israel, and the development of cyber defense systems.The current military aid package, which gives Israel with an annual sum of $3.1 billion, is set to expire in 2018.Multiple Israeli news websites reported that during talks leading up to the new agreement, which will take effect in 2019, Israeli Prime Minister Benjamin Netanyahu had requested the annual funding increase to as much as $4.5 billion, though the US government later settled on $3.8 billion each year for the next decade, with no additional requests allowed on Israel’s part except during wartime.US Ambassador to Israel Dan Shapiro said on Sunday that the deal, known as the “memorandum of understanding,” would constitute “the US’s biggest aid package to any other country in history.”According to Ynet News, the new package is a first, in that it will include provisions for missile defense projects, which in the past have been drawn separately from funds directly from the US Congress.The site reported that over the last few years, American legislators have transferred up to $600 million to Israel for missile defense purposes.

Source: US signs unprecedented deal with Israel for $38 billion in military aid over next decade


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