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unhappycamper Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-01-07 06:42 AM
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U.S. Is Top Arms Seller to Developing World


U.S. Is Top Arms Seller to Developing World
By THOM SHANKER
Published: October 1, 2007

WASHINGTON, Sept. 30 — The United States maintained its role as the leading supplier of weapons to the developing world in 2006, followed by Russia and Britain, according to a Congressional study to be released Monday. Pakistan, India and Saudi Arabia were the top buyers.

The global arms market is highly competitive, with manufacturing nations seeking both to increase profits and to expand political influence through weapons sales to developing nations, which reached nearly $28.8 billion in 2006.

That sales total was a slight drop from the 2005 figure of $31.8 billion, a trend explained by the strain of rising fuel prices that prompted many developing states — except those that produce oil — to choose upgrading current arsenals over buying new weapons.

The report, “Conventional Arms Transfers to Developing Nations,” was produced by the nonpartisan Congressional Research Service, a division of the Library of Congress, and presents a number of interesting observations linking arms sales and global politics. For example, Russia has been a major supplier of weapons to Iran in past years, including a $700 million deal for surface-to-air missiles in 2005.

But anxieties over Iran’s nuclear program can be seen as having deterred Moscow from concluding significant new conventional arms deals with Iran in 2006, deals that could be viewed as overly provocative while the Security Council debates new sanctions on Iran.

~snip~

When combining totals for arms sales to developed and developing nations, the ranking of world arms dealers remained the same. The United States led with $16.9 billion, followed by Russia with $8.7 billion and Britain with $3.1 billion. The 2006 sales figures for all three nations were higher than their totals in 2005.


Rest of article at: http://www.nytimes.com/2007/10/01/us/01weapons.html?ref=washington
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Joanne98 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-01-07 11:13 AM
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1. K&R!!!!!!!
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Joanne98 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-01-07 02:29 PM
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2. Selling arms to our "future enemies" to kill our troops! WAKE UP AMERICA!
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