Today: 7 July 2025
16 March 2021
1 min read

‘US stays biggest arms exporter’

Between 2011-2015 and 2016-2020, the US raised its global share of arms exports from 32 per cent to 37 per cent,says study…reports Asian Lite News

A Swedish think-tank has revealed that in the period between 2016 to 2020, the US remained the largest arms exporter, while international transfers levelled off.

Between 2011-2015 and 2016-2020, the US increased its global share of arms exports from 32 per cent to 37 per cent, the Stockholm International Peace Research Institute said in a report issued on Monday.

In the past five years, the US supplied major arms to more than 90 states, far more than any other supplier, while 47 per cent of the exported American arms went to the Middle East, Xinhua news agency quoted the report as saying.

Meanwhile over the past decade, international transfers of major arms stayed at the same level, as “substantial increase in transfers by three of the top five arms exporters — the US, France and Germany — were largely offset by declining Russian and Chinese arms exports”, the report said.

Though it is the first time since 2001-2005 that international deliveries of arms did not increase, arms transfers were still close to the highest level in the post-Cold War era, it added.

Also read:Biden denounces anti-Asian attacks

Previous Story

Remember these before own a home

Next Story

Richa narrates ‘Mad Mommas’ for kids

Latest from -Top News

Kenyans put president on notice

Kenya’s fifth president became a remarkably unpopular leader barely two years into his presidency after proposing aggressive tax measures that many saw as a betrayal of his campaign promise to support working-class

World Bank grants South Africa a $1.5 bn loan

Deteriorating rail systems, jammed ports and frequent blackouts have hindered vital industries like mining and auto manufacturing in South Africa, contributing to slow economic growth over the last decade in Africa’s most

Judge halts Trump from dismantling USADF

Congress established USADF as an independent agency in 1980, with the mandate to support economic development initiatives in AfricaXXX In a significant legal development, a federal judge in Washington, DC, has temporarily

UAE Takes Part in 3rd BRICS Sherpa Meeting

For the UAE, BRICS provides a valuable platform for dialogue and policy coordination across regions….reports Asian Lite News Saeed Mubarak Al Hajeri, Assistant Minister for Economic and Trade Affairs and the UAE’s
Go toTop