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US boosting Israeli military aid by millions: Netanyahu

Published: 2017/5/25 7:28186 ReadsPublished in: English news
Israeli Prime Minister Benjamin Netanyahu says the US has increased its military aid to Tel Aviv by tens of millions of dollars.

"Three days ago, the US added another $75 million to the aid package," Netanyahu said on Wednesday, without giving a timeframe for the money's arrival.

The announcement comes just days after Netanyahu personally greeted US President Donald Trump on his first visit to Israel.

Trump had arrived from Saudi Arabia where he signed a massive $110 billion arms deal with Riyadh.

Based on a September 2016 agreement, the US will be bankrolling Israel's military spending to the tune of around $38 billion dollars effective from 2019 for the next 10 years.

Israeli Prime Minister Benjamin Netanyahu (R) and US President Donald Trump speak upon the latter's arrival at Ben Gurion International Airport in Tel Aviv on May 22, 2017, as part of his first trip overseas.
Under the deal, Israel will be allowed to upgrade most of its fighter aircraft, improve its ground forces' mobility and strengthen its missile systems.

Washington has also been providing Israel with $3.1 billion annually since a 2007 agreement with the administration of former President George W. Bush.

In April, Washington approved a proposal to sell Israel more weapons, including naval guns and technical support worth an estimated $440 million.
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