00:00Welcome back. Israel is preparing for talks with the Trump administration on a new 10-year security agreement
00:06aimed at extending U.S. military support, the Financial Times reported.
00:11The discussions come as Israeli leaders signal they are planning for a future with reduced American cash grants,
00:18shifting instead towards deeper joint defense cooperation.
00:22Gil Pinchas, who recently stepped down as chief financial advisor to Israel's defense ministry,
00:31told the publication that Israel would prioritize joint military and defense projects over direct financial aid.
00:40He said annual U.S. grants worth $3.3 billion could be gradually reduced.
00:45Under the current 2016 agreement, the United States provides Israel with $38 billion in military aid through 2028,
00:55including funding for weapons purchases and missile defense systems.
01:00Earlier this month, Prime Minister Benjamin Netanyahu said Israel hopes to taper off its reliance on the U.S. military aid over the next decade.
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