U.S., Russia dominate arms transfers to developing countries

Print

Arms sales dominated by US, RussiaThe United States and Russia dominated government-to-government arms transfer agreements with developing countries from 2011 to 2014.

According to the U.S. Congressional Research Service, arms transfer agreements with developing nations constituted 75.5 percent of all such agreements globally from 2011 to 2014, and 86.0 percent of agreements in 2014.

The United States and Russia collectively made 63.1 percent of all arms transfer agreements with developing nations, which were worth about $156.4 billion in current dollars.

In 2014, the United States ranked first in arms transfer agreements with developing nations with $29.8 billion or 48.2 percent of these agreements. Russia was second with $10.1 billion, or 16.3 percent of such agreements.

TVNL Comment:  War is profitable.  Killing is profitable.  Death is profitable  Peace is a losing proposition.  Deal with it...

More...