ISLAMABAD – International Arms deals increase globally, the top 5 Armsexporters of the World have been revealed for the last five years.
The volume of international transfers of major arms in 2014–18 was 7.8 percent higher than in 2009–13 and 23 per cent higher than in 2004–2008, newdata on arms transfers by the Stockholm International Peace ResearchInstitute (SIPRI) says.
The five largest exporters, accounting for 75 per cent of the total volumeof arms exports in 2014–18, include the United States, Russia, France,Germany, and China.
A substantial flow of arms to the Middle East was observed between 2009–13and 2014–18, while there was a decrease in flows to all other regions.
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While US arms exports grew by 29 per cent between 2009-13 and 2014-18, withthe share of total global exports rising from 30 per cent to 36 per cent,Russia’s arms export has fallen.
If reports are to be believed, Russia’s arms export to India has fallen bya whopping 42% between 2009-2013 and 2014-18.
