US President Donald Trump has said the United States will not provide annual financial assistance to Israel after the end of this year, following an agreement with Israeli Prime Minister Benjamin Netanyahu.
According to Reuters, Donald Trump said in an interview with Fox News that the United States provides Israel with $4 billion annually; however, he and Israeli Prime Minister Benjamin Netanyahu decided several months ago to stop this series of financial assistance.
He said that the two leaders have agreed that US financial payments to Israel will be stopped by the end of this year.
Donald Trump made it clear that the US will not provide regular financial aid to Israel in the future, but if Israel faces any difficulty or need, Washington will help it.
Trump’s statement is being described as an important development regarding the future of financial cooperation between the US and Israel. However, further details regarding the mechanism for stopping the aid and its practical implementation have not been revealed.