Updated: 11/4/2006; 11:09:25 PM.

Current events
Post-9-11 events and analyses


daily link  Saturday, October 28, 2006


Russia Led Arms Sales to Developing World in 2005:  "The Russian sales in 2005 included 29 of the SA-15 Gauntlet surface-to-air missile systems for Iran; Russia also signed deals to upgrade Iran’s Su-24 bombers and MIG-29 fighter aircraft, as well as its T-72 battle tanks. “For a period of time, in the mid-1990s, the Russian government agreed not to make new advanced weapons sales to the Iran government,” wrote Richard F. Grimmett, author of the study by the Congressional Research Service, a division of the Library of Congress. “That agreement has since been rescinded by Russia." ..

In 2005, the United States led in total arms transfer agreements, when deals to both developed and developing nations are combined. The total was $12.8 billion, down from $13.2 billion in 2004. France ranked second in total sales, with $7.9 billion, up from $2.2 billion in 2004. Russia was third when sales to developing and developed nations were combined, with $7.4 billion, up from $5.6 billion in 2004. ..

Russia’s arms agreements with the developing world totaled $7 billion in 2005, an increase from its $5.4 billion in sales in 2004. That figure surpassed the United States’ annual sales agreements to the developing world for the first time since the collapse of the Soviet Union.  France ranked second in arms transfer agreements to developing nations, with $6.3 billion, and the United States was third, with $6.2 billion. The leading buyer in the developing world in 2005 was India, with $5.4 billion in weapons purchases, followed by Saudi Arabia with $3.4 billion and China with $2.8 billion.  The total value of all arms sales deals worldwide, when counting both developing and developed nations, in 2005 was $44.2 billion."
  11:45:18 PM  permalink  

 
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Copyright 2006 © Ken Novak.
Last update: 11/4/2006; 11:09:25 PM.