U.S. President Barack Obama and Israeli Prime Minister Benjamin Netanyahu might meet in Washington next month and complete a deal on future defense aid to Israel that has been dogged by disagreement, the U.S. ambassador to Israel said on Thursday.
Current U.S. defense aid to Israel, worth about $3 billion annually, expire in 2018. Disputes over the value of a so-called Memorandum of Understanding setting out grants over the ensuing decade prompted Israel to signal this week it might wait for the next U.S. president in hope of better terms.