; (ii) funds specified in paragraph (1) will be provided on the basis of a one-for-one cash match made by Israel or in another matching amount that otherwise meets best efforts (as mutually agreed to by the United States and Israel); (iii) the United States has entered into a bilateral international agreement with Israel that establishes, with respect to the use of such funds— (I) in accordance with clause (iv), the terms of co-production of parts and components on the basis of the greatest practicable co-production of parts, components, and all-up rounds (if appropriate) by United States industry and minimizes nonrecurring engineering and facilitization expenses to the costs needed for co-production; (II) complete transparency on the requirement of Israel for the number of interceptors and batteries that will be procured, including with respect to the procurement plans, acquisition strategy, and funding profiles of Israel; (III) technical milestones for co-production of parts and components and procurement; (IV) a joint affordability working group to consider cost reduction initiatives; and (V) joint approval processes for third-party sales; and (iv) the level of co-production described in clause (iii)(I) for the Arrow 3 Upper Tier Interceptor Program is not less than 50 percent. (4) Waiver The Under Secretary may waive the certification required by paragraph (3) if the Under Secretary certifies to the appropriate congressional committees that the Under Secretary has received sufficient data from the Government of Israel to demonstrate— (A) the funds specified in paragraph (1) are provided to Israel solely for funding the procurement of long-lead components and critical hardware in accordance with a production plan, including a funding profile detailing Israeli contributions for production, including long-lead production, of the Arrow 3 Upper Tier Interceptor Program; (B) such long-lead components have successfully completed knowledge points, technical milestones, and production readiness reviews