While Israel is extremely unlikely to sign on to the NPT, its value of maintaining a nuclear program seems very low, albeit slightly positive. 1. It has not stopped other Arab/Muslim states from attempting to acquire nuclear weapons themselves. These other states are hundreds of times more likely to actually deploy them, though this probability is still low. 2. Israel will never use nuclear weapons on another nation, except as a retaliatory second strike. It is far too rational and loving of 'this-world' to commit suicide. 3. Marginally, it might act as a signal of power and deterrence to enemy states. Though this does not seem to have been so effective. From numerous polls, the Arabs do not seem to accept and act upon the fact they are a much weaker party in the region.
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Erdogan: Turkey spent $10 billion on Syrian refugee crisis compared to UN's $455 million (Reuters)
from the article: Obama: Israel should sign nuclear non-proliferation treaty