Tuesday, 18 March 2014

INDIA IS THE WORLD’S LARGEST ARMS IMPORTER: SIPRI

A new data on international arms transfers released on 17 March 2014 said that India’s import of weapon systems is three times more than Pakistan and China. The report published by as Swedish Think Tank, Stockholm International Peace Research Institute (SIPRI) has claimed that India continues to be the largest buyer of arms in the world.
The new data has ranked China and Pakistan second and third respectively as the largest arms importer. China was replaced as the world’s biggest arms buyer by India in 2010. Overall, the volume of international transfers of major conventional weapons grew by 14 percent between 2004–08 and 2009–13.

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