Categories: IFP ExclusiveMiddle EastSelectedTranslated by IFP

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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