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March 14, 2022 at 5:59 pm

Israel’s Benefits from the Russian War…

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by Antoine Shalhat at Memo Middle East Monitor

Although Israel appears, in its position on the Russian war on Ukraine, as if it is a free player in choosing a certain neutral policy, as well as in changing and altering it sometimes, a closer look shows that this policy is mainly based on the benefit of the occupation state, whether on the foreseeable horizon, or in the long run. What can be said, at this current point in time, is that there are benefits to that war, some of which we will discuss in this article, but this does not mean that matters will remain confined to opportunities and will not result in losses.

Perhaps the first benefit, which is clear as of now, is the increased demand, especially from Europe, for the products of the Israeli security industries, whether governmental or private. According to reports in the Israeli economic newspaper, TheMarker, these industries are currently in a state of euphoria, due to the haste of German Chancellor, Olaf Scholz, around the time of his quick visit to Israel, announced that his country will allocate $113 billion from its 2022 budget to strengthen the German army. He also said that the government will raise the German defence budget and spent at least 2 per cent of its GDP every year, suggesting that this commitment be added to the German constitution.

According to officials in the Israeli security industries, the volume of requests received by these industries in the recent period is insane, and from all of Europe. The requests are mainly from countries neighbouring Russia or adjacent to the battlefield, such as Hungary, Bulgaria, the Czech Republic, Romania, Slovakia and Sweden, and they are interested in being immediately supplied with drones, electronic combat systems, control and surveillance systems, and communications and armament systems…

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