Monday, February 6, 2023

Saudi Arabia Is World’s Top Arms Importer

Saudi Arabia, India and Pakistan have been the world’s top arms importers last year according to the US Congress.

A US Congressional report shows Saudi Arabia has been the world’s top arms importer, paying $13bn on weapons. India and Pakistan are ranked second and third with $11.1bn and $7.2bn.

According to a Farsi report by Fars News Agency, other top arms importers include Algeria ($5.5bn), Egypt ($5bn), South Korea ($4.5bn), China ($4.1bn), Venezuela ($4.1bn), Israel ($4bn), and the United Arab Emirates ($3.7bn).

Meanwhile, the United States again ranked first in global weapons sales last year, signing deals for about $40 billion, or half of all agreements in the worldwide arms bazaar, and far ahead of France, the No. 2 weapons dealer with $15 billion in sales

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