Home > Disarmament > U.S., European Weapons Makers Still Dominate Arms Bazaar | InterPressService via Common Dreams

U.S., European Weapons Makers Still Dominate Arms Bazaar | InterPressService via Common Dreams

UNITED NATIONS, Mar 3, 2011 (IPS) – The world’s key arms manufacturers are still firmly entrenched in the United States and Western Europe, while some of the newly-emerging military industries in China, India, Japan, Singapore, South Korea, Israel, Turkey and Kuwait are trailing mostly far behind.

A new study released by the Stockholm International Peace Research Institute (SIPRI) points out that only 10 of the world’s 100 largest arms manufacturers are now based in Asia and the Middle East, with none in Latin America or Africa.

Read more here: U.S., European Weapons Makers Still Dominate Arms Bazaar | InterPressService via Common Dreams.

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