Title : The Global Arms Trade Is Booming
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The Global Arms Trade Is Booming
Between 2012-2016, arms imports in terms of volume by countries in Asia and Oceania accounted for 43 percent of global imports, a 7.7 rise compared to the previous 2007-2011 period (AFP Photo/Sergei Supinsky )
The Guardian: Global arms trade reaches highest point since cold war era
Middle East almost doubles weapons imports, as US and Europe remain the main suppliers and China joins top-tier exporters
The global transfer of major weapons systems rose over the past five years to the highest volume since the end of the cold war as the Middle East nearly doubled its imports, according to an annual report on arms sales.
The Stockholm International Peace Research Institute (Sipri) said on Monday that more weapons were delivered between 2012 and 2016 than any other five-year period since 1990. Saudi Arabia, which leads a military intervention in Yemen that has cost hundreds of civilian lives, was the world’s second largest importer after India, increasing its intake by 212%, mainly from the US and the UK.
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Update: Global arms trade highest since Cold War: study (AFP).
WNU Editor: Asia and the Middle East are definitely the hot spots for arms sales right now.
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