White House lifts hold on military aid to Egypt

Obama has been reviewing military aid to Egypt since 2013 when the Egyptian army ousted former president Mohamed Morsi.

By REUTERS
March 31, 2015 22:52
1 minute read.
Abdel Fattah al-Sisi

Egyptian President Abdel Fattah al-Sisi addresses the UN General Assembly in New York.. (photo credit: REUTERS)

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analysis from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later

WASHINGTON - President Barack Obama on Monday told Egyptian President Abdel Fattah al-Sisi that he would lift a hold on US military aid to Cairo, but also said the United States would stop allowing Egypt to buy equipment on credit starting in fiscal year 2018.

Obama has been reviewing military aid to Egypt since 2013 when the Egyptian army ousted former president Mohamed Morsi. The decision will allow for the delivery of 12 F-16 aircraft, 20 Harpoon missiles, and up to 125 M1A1 Abrams tank kits that had been frozen, the White House said.

Obama said he would continue to ask the US Congress for $1.3 billion in military aid for Egypt per year, but has decided to "modernize" the aid by discontinuing the use of cash flow financing for military equipment starting in fiscal 2018, the White House said.


The United States also will target its aid toward equipment used for counterterrorim, border security, maritime security and Sinai security, and for sustaining weapons systems already used by Egypt, the White House said.

"In this way, we will ensure that US funding is being used to promote shared objectives in the region, including a secure and stable Egypt and the defeat of terrorist organizations," said Bernadette Meehan, spokeswoman for the White House National Security Council, in a statement.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

IDF forces have carried out dozens of arrests as part of the effort to capture the terrorist As'am B
February 17, 2019
Commander of 5 soldiers who allegedly beat Palestinians indicted

By YONAH JEREMY BOB