July 30, 2007 - New York - The American Jewish Committee lauds the U.S. State Department announcement today that it soon will conclude a new ten-year military assistance agreement with Israel.

"This military aid commitment is a solid investment in the vital interests of the United States," said AJC Executive Director David A. Harris. "The U.S.-Israel relationship is firmly founded on shared democratic values, common strategic interests, shared visions for peace in the Middle East."

Secretary of State Condoleezza Rice confirmed today that the U.S. "will move soon to conclude a new ten-year military assistance agreement with Israel." This agreement will provide, among other elements, "a total of $30 billion to ensure Israel's ability to defend itself."

"We look forward to the successful conclusion of the new agreement," said Harris. "It will further solidify the U.S. commitment to assuring Israel's qualitative edge over hostile neighbors."