World Bulletin / News Desk
A Swedish think tank has revealed that India is the biggest arms importer in the world, buying up to three times more than China and Pakistan in the past 5 years. It has also seen an increase of 14 percent between 2009 and 2013, Stockholm International Peace Research Institute (SIPRI) revealed, accounting to 14 percent of all imports globally.
The amount of imports by India shot up 111% compared to imports between 2004 and 2008. India also took over from China as the world's number one arms importer in 2010 as it continues to indulge in its spending binge. However, India still struggles to keep up with China technologically, as 75% of their imports come from Russia and are leftovers from the Cold War era. At the same time, however, they are looking to import more modern weapons from the US and are already in the top spot for buyers from the US, according to the report.
In the same period, neighbor Pakistan also increased its imports even further by 119%, accounting for 5% of all imports around the world, only second to India and China. The United Arab Emirates and Saudi Arabia took the fourth and fifth positions for top arms importers in the stated period respectively.
Russia and the US accounted for most arms sales in 2009-2013, making up 56% collectively, while contributiongs from Germany, France and China took that figure up to 74%. Exports to Africa jumped by 53%, with Algeria, Morocco and Sudan importing the most arms in the continent. Meanwhile, imports by European nations decreased by 25% all together.Güncelleme Tarihi: 17 Mart 2014, 17:29