By Jaya Ramachandran
BERLIN | STOCKHOLM (IDN) – Global arms trade is on the upswing with the United States increasing dominance in the group of five largest exporters including Russia, France, Germany and China, which together account for 75 per cent of the total volume of weapons exports in 2014-2018. While the Middle East imports almost doubled in the past five years, Saudi Arabia became the world’s largest arms importer.
According to new data on arms transfers published by the Stockholm International Peace Research Institute (SIPRI), the volume of international transfers of major arms in 2014-2018 was 7.8 per cent higher than in the previous five years and 23 per cent higher than in 2004-2008.
