Western
nations monopolized the top 10 places, while Russia had the highest
arms sales growth in 2014. SIPRI director Aude Fleurant spoke with
teleSUR.
Global arms
sales witnessed an increase to US$400 billion in 2014, with the
United States continuing to dominate the market, along with its
European allies the United Kingdom and France, according to a new
report released Monday.
While the
end of the Cold War meant smaller military budgets, spending picked
up in the early 2000s and last year’s international arms sales were
double those in 2001, according to the report, released Sunday by the
Stockholm International Peace Research Institute.
With growing
conflict in the Middle East and parts of Africa, many states
increased their military spending, branching out to new customers.
While
Western European nations and the United States saw a lag in sales
last year, they still hold all top 10 spots. Seven of the top 10
producers are them from the U.S., as are about two-thirds of the top
100.
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