Consistent with the MOU, the United States annually provides $3.3 billion in FMF and $500 million for cooperative programs for missile defense.
This has been formalized by a 10-year (2019-2028) Memorandum of Understanding (MOU). security assistance under the FMF program. Israel is the leading global recipient of Title 22 U.S. The January 2021 JPMG reaffirmed the ironclad strategic partnership between the United States and Israel, underscoring a mutual commitment to advance collaboration in support of regional security and reinforce the historic achievements of recent normalization efforts in the Middle East. Since 1983, the United States and Israel have met annually via the Joint Political-Military Group (JPMG) to promote shared policies, address common threats and concerns, and identify new areas for security cooperation. This assistance has helped transform the Israel Defense Forces into one of the world’s most capable, effective militaries and turned the Israeli military industry and technology sector into one of the largest exporters of military capabilities worldwide. Since its founding in 1948, the United States has provided Israel with over $125 billion in bilateral assistance focused on addressing new and complex security threats, bridging Israel’s capability gaps through security assistance and cooperation, increasing interoperability through joint exercises, and helping Israel maintain its Qualitative Military Edge (QME). Economic Development Organizations (EDO).Foreign Direct Investment Attraction Events.Facing a Foreign Trade AD/CVD or Safeguard Investigation?.
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