00:26Israel is calling for
00:28a major change in its relationship
00:30with the United States.
00:32Israeli Prime Minister
00:33Benjamin Netanyahu has renewed
00:36his call to end American
00:38financial aid, saying Israel
00:40is now strong enough to
00:42finance its own defense.
00:44Speaking on July 1,
00:46Netanyahu said,
00:47I want to stop American aid.
00:50It's like welfare. I don't want it.
00:52He added that Israel
00:54is no longer a small economy
00:56and can afford the military
00:58support it currently receives
01:00from Washington.
01:01Netanyahu said he wants the
01:03transition process to begin
01:05this year, describing it as a
01:07reflection of Israel's economic
01:09strength and strategic maturity.
01:12The remarks have drawn
01:13widespread attention,
01:15but they are consistent with
01:17Netanyahu's longstanding position.
01:19In an interview earlier this year,
01:22he said he wanted to gradually
01:24reduce U.S. military assistance
01:26to zero over the next decade,
01:29replacing direct aid with a
01:30partnership focused on defense
01:32cooperation and joint investment.
01:35The United States currently
01:37provides Israel with approximately
01:38$3.8 billion in annual
01:42military assistance under a
01:4410-year agreement that began in
01:452018.
01:47Most of that funding is used to
01:49purchase American-made military
01:50equipment supporting close defense
01:53cooperation between the two allies.
01:56Supporters argue that ending U.S. aid
01:58would demonstrate Israel's
02:00economic independence and reduce
02:03dependence on American
02:04political decisions.
02:05Critics, however, warn that such a move
02:08could affect Israel's long-term
02:10military edge and alter one of
02:13Washington's closest strategic
02:14partnerships.
02:16Despite Netanyahu's comments,
02:18any change to U.S. military
02:20assistance would require approval
02:22from the U.S. Congress and new
02:24agreements between both governments.
02:27Netanyahu says his goal is to shift
02:29the U.S.-Israel relationship from
02:32one centered on financial aid to
02:34one based on equal strategic
02:36partnership and mutual defense
02:38cooperation.
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