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| Contributor | ArmyDem |
| Last Edited | ArmyDem Jul 30, 2008 03:31pm |
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| Category | News |
| Media | Newspaper - Economist (The) |
| News Date | Tuesday, July 29, 2008 09:00:00 PM UTC0:0 |
| Description | Jul 29th 2008
From Economist.com
The world's biggest arms exporters
JUST five countries supplied 80% of global arms exports between 2003 and 2007, according to a recent report by the Stockholm International Peace Research Institute, a think-tank. SIPRI counts the deliveries of large conventional weapons, each of which are assigned a value according to cost, strategic importance and other criteria. America supplied a third of global exports by this count, with South Korea and Israel the main buyers. China is Russia's best customer, taking 45% of its total exports. China is also the largest recipient of imports, accounting for 12% of the global total. Other big importers include India and the United Arab Emirates.
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