Israel and the US signed the terms of a new $38 billion aid package for Israel during a State Department ceremony on Wednesday.
The agreement, which will go into effect upon the expiration of the current package in 2018, will last for 10 years. The deal is the largest ever delivered by the US to any country in its history.
US-Israel military aid signing ceremony
The ceremony opened with a speech by the US National Security Advisor Amb. Dr. Susan Rice. “I am delighted to join you as we reaffirm the unbreakable bond between the United States and Israel,” Rice said.
“For as long as Israel has existed, the US has been Israel’s greatest friend and partner. That iron-clad bond has endured ‘Dor l’dor,’” Hebrew for ‘from generation to generation.’