US agrees to double emergency equipment in Israel

Tuesday, December 12, 2006 |  by Staff Writer
The US Congress provided Israel financial and security encouragement when it approved to double US emergency equipment stored in Israeli stockpiles, valuing $100 million.

Within the next two years Americans will fill the military emergency stockpiles in Israel with double the equipment they now hold. In addition, the US will allow Israel to use the remainder of the US's monetary guarantees, which are to total $4.5 billion by 2011.

The stockpiles are US military equipment in case of an emergency in the Middle East, which Israel has permission to use.

When the government restocks, the value of the equipment will double to $200 million and an additional $200 million the year after.

Congress decided to give special aid to Israel in order to minimize war damages, without having to give Israel additional direct financial aid.

The American equipment stored in Israel last year was used this past summer in the war in Lebanon.

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