Showing posts with label buy arms. Show all posts
Showing posts with label buy arms. Show all posts

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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