(Washington Post) Carol Morello and Ruth Eglash - The U.S. and Israel will sign a 10-year military aid agreement on Wednesday, expected to give Israel as much as $3.8 billion a year over 10 years, the State Department said Tuesday. Israel agreed to phase out a special arrangement in place since the 1980s that has allowed Israel to spend 26% of U.S. aid on defense research, development and procurement in Israel. The new agreement will run from 2019 through 2028 and replaces a memo of understanding that will end in 2018.
2016-09-14 00:00:00Full ArticleBACK Visit the Daily Alert Archive