New data released by the Stockholm International Peace Research Institute (SIPRI) shows that the US remains the biggest arms supplier, accounting for 30 per cent of weapons exports. The main recipients of American weapons were South Korea, the United Arab Emirates and Israel.
SIPRI data showed that transfers of major conventional weapons rose by 22 per cent in 2005-2009, compared to the previous five-year period with China and India being the biggest importers of conventional weapons.
While China’s arms imports accounted for nine per cent of the global defence sales, the same figure for India was seven per cent, SIPRI said.
Source: India Express