Monday, March 19, 2012

Pakistan world's third largest arms recipient, India number one

 
The arms race (2007-2011) is firmly centered in Asia. DESIGN: JAHANZAIB HAQUE

Asia is worlds top weapon importer

India world's largest recipient of arms, Pakistan no.3


 India is the world's largest recipient of arms while South Korea is second and Pakistan and China are tied in third place, says the Stockholm International Peace Research Institute (SIPRI) in a study on international arms transfers.
The volume of worldwide arms transfers in 2007-11 was 24 percent higher than in 2002-06 and the five largest arms importers in 2007-11 were all Asian states, said a press communique.
The data revealed that Asia and Oceania accounted for a whopping 44 percent of global arms imports, followed by Europe 19 percent, the Middle East 17 percent, the Americas 11 percent. Africa was the lowest with 9 percent.
India was the world's largest recipient of arms, accounting for 10 percent of global arms imports.
The other large recipients of arms in 2007-11 were South Korea (6 percent of arms transfers), Pakistan (5 percent), China (5 percent) and Singapore (4 percent).
While India was the world’s largest importer, its neighbour and sometime foe Pakistan was the third largest.

Pakistan took delivery of “a significant quantity of combat aircraft during this period: 50 JF-17s from China and 30 F-16s,” the report added.

Both countries “have taken and will continue to take delivery of large quantities of tanks,” it also noted.

The think-tank also noted that in 2011 Saudi Arabia placed an order with the US for 154 F-15SA combat aircraft, which was not only the most significant order placed by any state in 2011 but also the largest arms deal for at least two decades. 

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