VOL. XLI
No. 30
27-July-1998
EGYPT
US Agrees To Aid Reductions
Following Egyptian requests that annual US military aid of $2.1bn to Egypt be exchangedfor improved terms and volume of trade similar to those accorded Israel (MEES, 13July), the US House Foreign Operations Subcommittee has approved a decrease of US annualassistance to Egypt and Israel at the beginning of next year with the aim of decreasingaid by around $5bn over the next 10 years. The committee agreed to total 1999 external...
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