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US Military Aid to Israel to Be Halved, Phased Out by 2033
The United States and Israel are finalizing a new agreement to gradually reduce military aid, phasing it out completely by 2033, according to Yedioth Ahronoth. Direct aid will decrease from $33 billion over ten years to $16.5 billion over five years, starting in 2028.
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What happened
- 01US military aid to Israel will be reduced by half and phased out by 2033.
- 02The current ten-year aid package of $33 billion will be replaced by $16.5 billion over five years.
- 03Reductions will begin in 2028, with aid disappearing completely by 2033.
- 04US funding for joint Israeli air defense system development is expected to increase.
- 05The new agreement aims to replace Donald Trump's earlier announcement of ending aid by 2026.
- 06Israel hopes to finalize the deal before the end of the year to avoid complications with a new US administration.
However, U.S. contributions to joint air defense system development are expected to increase. Both countries hope to secure the deal before the end of the year.
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