Sep 30, 2007

U.S. Is Top Arms Seller to Developing World

Bush administration has argued that it is important to maintain the support of a nuclear-armed Pakistan in the broader counterterrorism fight, in particular as Al Qaeda and Taliban leaders regroup in the rugged North-West Frontier Province along the Afghan border.
In 2006, the United States agreed to sell $10.3 billion in weapons to the developing world, or 35.8 percent of these deals worldwide, according to the study. Russia was second with $8.1 billion, or 28.1 percent, and Britain was third with $3.1 billion, or 10.8 percent.
Pakistan concluded $5.1 billion in agreements to buy arms in 2006. That total was followed by India with $3.5 billion in agreements and Saudi Arabia with $3.2 billion in deals.
The combined value of arms sales worldwide to both developed and developing nations in 2006 reached $40.3 billion, a decline of nearly 13 percent from 2005.







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