This document discusses upgrading relations between NATO and Israel, as well as Israel's involvement in US-led ballistic missile defense. It notes that NATO has undergone changes that could create opportunities for closer cooperation with Israel. Areas discussed include intelligence sharing, missile defense, counterterrorism, and Israel providing experience to NATO in areas like counterinsurgency. The document also outlines US ballistic missile defense plans that envision a key partnership role for Israel against threats like Iran. It argues Israel should work to define its long-term strategy regarding NATO and contribute to NATO's review of its strategic concept.