Conventional Arms Transfers to Developing Nations, 2004-2011. Richard F. Grimmett, Specialist in International Security. Paul K. Kerr. Analyst in Nonproliferation. August 24, 2012
Recently, from 2008 to 2011, the United States and Russia have dominated the arms market in the developing world, with both nations either ranking first or second for each of these four years in the value of arms transfer agreements. From 2008 to 2011, the United States made nearly $113
billion in such agreements, 54.5% of all these agreements (expressed in current dollars). Russia made $31.1 billion, 15% of these agreements. During this same period, collectively, the United States and Russia made 69.5% of all arms transfer agreements with developing nations, ($207.3
billion in current dollars) during this four-year period.”
Sorry, comments are closed for this post.