https://breakingdefense.com/2018/09/aid-to-israel-isnt-foreign-
Israel faces increasingly tight restrictions on its Foreign Military Financing from the U.S., as Breaking D readers know. In the past, when the US provided Israeli with grants under the Foreign Military Financing (FMF) program, Israel could convert 25 percent of the aid from dollars into shekels to buy Israeli products and support local R&D. The new 10-year FMF agreement signed in 2017 decrees that that will gradually drop to zero. In this commentary, former minister for congressional affairs at Israel’s Embassy here, Yoram Ettinger, argues that America gets a great deal in return for the aid and assistance it provides Israel. Read on! The Editor.
Contrary to conventional wisdom, US-Israel relations have outgrown their one-way-street mode (the US gave and Israel received with much appreciation), evolving into a mutually-beneficial, two-way street mode, providing the US a well-deserved high-return on its annual $3.8 billion investment in Israel, conventionally defined as “foreign aid.” However, Israel, unlike all other recipients of foreign aid, is neither foreign, nor does it receive aid.
Yoram Ettinger
The US-Israel strategic compatibility is underlined by their national security orientation, allocating 3.6 percent and 4.7 percent of their budgets, respectively, to defense, much more than any European country: Britain 2.1 percent, France 1.8 percent, Germany 1.1 percent and Italy 1.1 percent, etc.
The scope of US-Israel strategic cooperation has surged since the 1991 demise of the USSR, which transformed the bi-polar globe into a multi-polar arena of conflicts, replete with highly unpredictable, less controllable and more dangerous local and regional threats. Israel’s experience and capabilities in facing such threats has provided the US a unique reinforcement in the face of three critical challenges, which impact the national and homeland security of the US: the megalomaniacal vision of Iran’s Ayatollahs; the clear and present threat of Islamic terrorism; and the need to bolster the pro-US Arab regimes, which are lethally threatened by the Shi’ite Ayatollahs and Sunni terrorist regimes.