Source Pravda.Ru

International arms sales

USA tops the list

The USA is the country that sells most weapons, Israel being its main customer, according to a Congressional report released this week.

The report, “Conventional Arms Transfers to Developing Nations” had been undertaken at the request of the Congress Research Department, and indicates that the sale of weapons has decreased sharply in the last five years due to the economic downturn, the volume of sales reaching an eight-year low point in 2001.

The report’s findings are based upon sales and delivery contracts for consignments of weapons, which show for a certain period of time that the deliveries do not match the contracts. In this time period, there are around 16 bn. USD of registered sales contracts but only 14.4 bn. USD-worth of deliveries.

Globally, the USA sold around 26.4 bn. USD of arms in 2001, compared with 40 bn. USD the previous year. Developing nations continue to top the list of buyers.

Timothy BANCROFT-HINCHEY PRAVDA.Ru

Comments
Capitalism reduced Indonesian cities to infested carcases
Capitalism reduced Indonesian cities to infested carcases
Should Russian athletes go to non-Olympic Games in South Korea?
Indian Origin of Egyptian Civilization
ISIS threatens to conduct large-scale terrorist attacks in USA for Jerusalem decision
Why did the USSR lose the Moon race?
US military men depressed over of Russia's new T-5000 sniper rifle
Russia to counter Boeing's Х37В with top secret MiG-41 project
Should Russian athletes go to non-Olympic Games in South Korea?
Russia to rebuild its former Soviet naval base in Syria's Tartus
Donbass without militia will be worse than Srebrenica - Putin
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Should Russian athletes go to non-Olympic Games in South Korea?
Should Russian athletes go to non-Olympic Games in South Korea?
Putin: Russia will continue spending enough on defence not to be killed
Putin: Russia will continue spending enough on defence not to be killed
Russia to rebuild its former Soviet naval base in Syria's Tartus
Russia not pulling out from any international agreements, Putin says
Capitalism reduced Indonesian cities to infested carcases
ISIS threatens to conduct large-scale terrorist attacks in USA for Jerusalem decision
Kim Jong-un's tactic of hard power teaches USA lesson of obedience