Israel requests changes to US military aid - Israel News, Ynetnews

   Israel News

Israel News
World News
Israel Opinion
Israel Business
Israel Culture
Israel Travel
Foreign Help

Nicolas Burns. Postponed visit Photo: Reuters
Nicolas Burns. Postponed visit Photo: Reuters

Israel requests changes to US military aid

US to boost aid from $24 to $30 billion over next 10 years. Washington now considering request to add regular annual sum instead of current additional 4%

Zvi Lavi
Published: 08.08.07, 11:57 / Israel News

The United States is considering Israel's request to redistribute the increased military aid agreed on between Prime Minister Ehud Olmert and US President George W Bush.


US Under Secretary for Political Affairs Nicholas Burns who was scheduled to arrive in Israel to sign off on the new deal has postponed his visit until after Washington officials have reviewed the Israeli proposal.


Increased Aid
US announces arms deals to Israel, Egypt / Reuters
Hours before embarking on Middle East trip, Rice announces proposed $30 billion military aid package for Israel, $13 billion for Egypt. Plans to provide similar aid to Saudi Arabia, Gulf states also declared. ‘This effort will help bolster forces of moderation,’ she says
Full story
According to the agreement between Olmert and Bush US military aid would grow annually by four percent – over a period of 10 years, bringing the total sum to $30 billion from the current $24 billion.


However due to changes in security needs Israel has requested an unchanging yearly addition to the budget over that same time period (so that instead of a $105 million addition the first year, it would already be the fixed $600 million).


Washington asked for time to review the new math and sources within Olmert's office stressed that the only issue on the line was the requested deviation from the original agreement and not a complete withdrawal from it.


Following the Camp David Accords Israel began receiving an annual budget of $3 billion from the US, including $1.8 in military aid and $1.2 in civilian aid.


During former Prime Minister Benjamin Netanyahu's tenure in the mid-'90s Israel worked towards decreasing foreign aid and an agreement was made to gradually lower civilian aid by $120 million over a 10-year period until its complete abolition and correspondingly increase military aid by $60 million.


commentcomment   PrintPrint  Send to friendSend to friend   
Tag with Bookmark to

10 Talkbacks for this article    See all talkbacks
Please wait for the talkbacks to load


RSS RSS | About | Contact Us | Privacy Policy | Terms of use | Advertise with us | Site Map

Site developed by  YIT Advanced Technology Solutions