The United States and Israel have a strong financial bond, as supported by the following evidence:
1. The United States Department of State highlights the robust economic and commercial relationship between the US and Israel. The bilateral trade between the two countries amounts to nearly $50 billion in goods and services annually.
2. The US-Israel Joint Economic Development Group (JEDG) holds an annual meeting to strengthen economic cooperation and policy dialogue between the two nations. This dialogue further enhances their respective economies.
3. Scientific exchanges and academic collaborations are facilitated through institutions like the Binational Science Foundation (BSF), the Binational Agricultural Research and Development Foundation (BARD), and the Binational Industrial Research and Development Foundation (BIRD). These collaborations contribute to progress in science and benefit both Israel and the US.
4. The United States is Israel's largest single trading partner. Key exports from the US to Israel include diamonds, machinery, agricultural products, aircraft, and optic and medical instruments. Imports from Israel to the US include diamonds, pharmaceutical products, machinery, optic and medical instruments, and agricultural products.
5. The US commitment to Israel's security is demonstrated through robust defense cooperation and significant financial assistance. The US provides annual funding for Foreign Military Financing and cooperative programs for missile defense, totaling $3.3 billion and $500 million, respectively.
These sources provide evidence of the strong financial ties between the United States and Israel, including trade, investment, and defense cooperation. The economic relationship between the two countries is multifaceted and contributes to their overall partnership.
The strong financial bond, this is one reason why the US government cannot ignore Israel or Jews. Yes, Jews are kinda like the first-class passengers on the US airplane, so Uncle Sam has to take good care of them. lol.