Tuesday, April 28, 2009

Study Says China, India, UAE Top Arms Importers

Study Says China, India, UAE Top Arms Importers
(NSI News Source Info) STOCKHOLM - April 28, 2009: The United Arab Emirates has become the third-biggest arms importer worldwide, a leading defence think tank said Monday. The figures from the UAE reflected what the Stockholm International Peace Research Institute (SIPRI) described as a "worrying" regional trend of increased arms imports into the Middle East. The oil-rich country accounted for 6 percent of the world's arms imports between 2004 and 2008, according to the report from SIPRI - the same proportion as South Korea. Only China with 11 percent and India with 7 percent had a larger share of the market, said the report. The UAE's position was all the more striking because in the previous study, covering the period 1999-2003, the UAE was the 16th biggest importer of military equipment. The SIPRI described the country's rise to third place as "the most significant change" in its new survey of global arms sales. The study also found that the average volume of worldwide arms transfers for 2004-08 was 21 percent higher than 1999-2003. There had been a 38 percent increase in arms transfers to the Middle East region in the latest study compared to its previous five-year survey, SIPRI said. "During the past five years, we have seen the re-emergence of the Middle East as a major recipient of conventional weapons systems," SIPRI researcher Pieter Wezeman said in a statement. "While we are a long way from the levels reached in the early to mid-1980s, this is still a worrying trend in a region beset by multiple sources of potential conflict," he added. The United States remains the biggest supplier of military equipment. Its sales account for 31 percent of exports worldwide, ahead of Russia (25 percent) and Germany (10 percent), the report noted.

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