US approves record $38bn Israel military aid deal

Wednesday, 14 September 2016 - 10:46


The US has agreed to supply Israel with military aid for the next 10 years in a record 38 billion dollar deal - the largest in US history.

The pact will elevate US aid to Israel from 3.1 billion dollars a year, currently to 3.8 billion.

However, the Israelis have to make dire concessions to secure the money, and the agreement, to be signed today, follows 10 months of talks.

Israeli Prime Minister Benjamin Netanyahu had signaled he might wait for Obama's successor in the hope of securing a better deal.