Pact of Madrid
Encyclopedia
The Pact of Madrid, signed in 1953 by Spain
Spain
Spain , officially the Kingdom of Spain languages]] under the European Charter for Regional or Minority Languages. In each of these, Spain's official name is as follows:;;;;;;), is a country and member state of the European Union located in southwestern Europe on the Iberian Peninsula...

 and the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

, ended a period of virtual isolation for Spain, although the other victorious allies of World War II
World War II
World War II, or the Second World War , was a global conflict lasting from 1939 to 1945, involving most of the world's nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis...

 and much of the rest of the world remained hostile to what they regarded as a fascist regime sympathetic to the Nazi
Nazism
Nazism, the common short form name of National Socialism was the ideology and practice of the Nazi Party and of Nazi Germany...

 cause and established with Axis
Axis Powers
The Axis powers , also known as the Axis alliance, Axis nations, Axis countries, or just the Axis, was an alignment of great powers during the mid-20th century that fought World War II against the Allies. It began in 1936 with treaties of friendship between Germany and Italy and between Germany and...

 assistance. The 1953 accord took the form of three separate executive agreements that pledged the United States to furnish economic and military aid
Military aid
Military aid is aid which is used to assist an ally in its defense efforts, or to assist a poor country in maintaining control over its own territory. Many countries receive military aid to help with counter-insurgency efforts...

 to Spain. The United States, in turn, was to be permitted to construct and to utilize air and naval bases on Spanish territory.

Although not a full-fledged military alliance, the pact did result in a substantial United States contribution to the improvement of Spain's defense capabilities. During the initial United States fiscal years 1954 to 1961 phase, military aid amounted to US$500 million, in grant form. Between 1962 and 1982, a further US$1.238 billion of aid in the form of loans (US$727 million) and grants (US$511 million) was provided. During the period 1983 to 1986, United States military aid, entirely in the form of sales under concessional credit terms, averaged US$400 million annually, but it declined to slightly more than US$100 million annually in 1987 and in 1988. The military credits were scheduled to be phased out in the fiscal year 1989, in keeping with Spain's growing self-sufficiency in national defense. More than 200 Spanish officers and NCOs received specialized training in the United States each year under a parallel program.
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