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| Mentor 4 CA |
United States sign
38 billion dollars deal with Israel
United States has signed a 38
billion dollars deal with Israel to provide the country with military
assistance over a 10-year period.
The deal is the largest such
agreement the US has ever had with any country.
Under the terms, Israel will
receive 3.8 billion dollars a year from the US, up from the 3.1 billion dollars
Washington currently gives Israel annually under a 10-year deal that ends in
2018.
Following 10 months of tense
negotiations, the two allies finalised the memorandum of understanding with a
signing ceremony in Washington yesterday.
US President Barack Obama, in a
statement, said, he and Irsael Prime Minister Benjamin Netanyahu are confident
that the new MoU will make a significant contribution to Israel's security.
