Netanyahu announced intention to phase out US military aid

Israeli Prime Minister Benjamin Netanyahu stated that he wants to gradually phase out U.S. financial support for the Israeli military over the next decade. He said this in an interview with the "60 Minutes" program on CBS, Bloomberg reports, according to UNN.

Details

"I want to bring American support for Israel to zero. We have reached maturity,"

Netanyahu stated.

According to the Prime Minister, Israel must transition from an aid model to a format of equal partnership with the United States.

Israel wants to expand joint defense projects with the US

Netanyahu emphasized that he supports deepening military cooperation between the two countries, particularly in the areas of weaponry, intelligence, and missile defense.

"I want to propose joint projects for intelligence, for weaponry, for missile defense,"

he said.

Currently, the U.S. provides Israel with approximately $3.8 billion in military aid annually under a 10-year agreement signed during the Barack Obama administration. It remains in effect until 2028.

According to the U.S. Congressional Research Service, Israel remains the largest cumulative recipient of American aid since World War II. The total volume of support has exceeded $174 billion.

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