Monday Nov 18, 2024
Monday Nov 18, 2024

Mideast arms imports grew by a quarter in a decade


Nepalnews
2021 Mar 15, 18:26, STOCKHOLM
Al Fursan, or the Knights, a UAE Air Force aerobatic display team, perform during the opening day of the International Defence Exhibition & Conference, IDEX, in Abu Dhabi, United Arab Emirates, Sunday, February 21, 2021. (Photo via AP)

Arms imports to the Middle East rose by a quarter in the decade to 2020 even though arms sales globally remained stable over the same period, a Swedish watchdog said Monday.

The Stockholm International Peace Research Institute, or SIPRI, said the Middle East figures were driven chiefly by the world’s largest arms importer, Saudi Arabia, which increased its purchases by 61%. Egypt’s imports rose 136% and Qatar’s 361%.

SIPRI said the international sale of major arms stayed at the same level during the period from 2011-2020. The watchdog said “substantial increases in transfers by three of the top five arms exporters — the United States, France and Germany — were largely offset by declining Russian and Chinese arms exports.”

For the first time since 2001–2005, the volume of deliveries of major arms between countries had not increased, SIPRI said, but added that international arms sales remain close to the highest level since the end of the cold war.

“It is too early to say whether the period of rapid growth in arms transfers of the past two decades is over,” said Pieter D. Wezeman, a senior researcher with SIPRI in a statement.

“For example, the economic impact of the COVID-19 pandemic could see some countries reassessing their arms imports in the coming years. However, at the same time, even at the height of the pandemic in 2020, several countries signed large contracts for major arms.”

Middle East countries imported 25% more arms in the second half of the decade than they did in the first, SIPRI said. It said it was chiefly due to regional strategic competition among several Gulf region states.

In its report, the body said that the United States remains the largest arms exporter and had increasing its global share of arms exports from 32% to 37% between the first and second halves of the decade. That further widened the gap between the U.S. and second largest arms exporter Russia.

France and Germany were the third and fourth largest exporters and they, too, experienced substantial growth.

SIPRI is a Stockholm-based independent think tank, partly funded by the Swedish government. Created in 1966, its research is focused on global security, arms control and disarmament.

READ ALSO:

Arms imports Middle East arms sales Swedish watchdog Stockholm International Peace Research Institute Saudi Arabia Egypt Qatar
Nepal's First Online News Portal
Published by Nepalnews Pvt Ltd
Editor: Raju Silwal
Information Department Registration No. 1505 / 076-77

Contact

Kathmandu, Nepal,


Newsroom
##

E-mail
[email protected]

Terms of Use Disclaimer
© NepalNews. 2021 All rights reserved. | Nepal's First News Portal