04/15/2014, 00.00
ASIA
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Asia home to world’s biggest arms traders

This was revealed by the Stockholm International Peace Research Institute ( SIPRI). After the United States, China, Russia, Saudi Arabia, Japan and India are - in this order - among the top 10 nations.

New Delhi (AsiaNews / Agencies) - This year, Asia is the most important market in the global arms trade: among the top 15 countries for military spending, 8 are part of the continent. This was revealed by the Stockholm International Peace Research Institute (SIPRI ), which yesterday released data relating to 2013. China, Russia, Saudi Arabia, Japan and India are among the top 10 nations on their list.

Overall, the world's military spending amounted to 1.73 trillion dollars, a decrease of 1.9% compared to 2012 , but only because of a drop in spending by the United States and other Western countries.

Topping the list is Washington, at a cost of 640 billion dollars. The US is followed by China (188 billion), Russia (87.8 billion dollars), Saudi Arabia (67 billion). The Asian dominance is interrupted by France ( 61.2 billion dollars), the UK (57.9 billion dollars) and Germany (48.8 billion dollars). The comes Japan (48.6 billion dollars) and India (47.4 billion dollars).

The remaining six include South Korea (10th place, 33.9 billion dollars), Turkey (14th, 19.1 billion) and the United Arab Emirates (15th, 19 billion).

 

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