TODAY -
India world's largest recipient of arms, Pakistan No.3
Assam Tribune | Stockholm, March 19 (IANS):
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).
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* This Post is uploaded on March 19, 2012
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