India kept its position as the world’s leading arms importer, while the United States and Russia supplied more than half of global weaponry, a Swedish-based research institute said Monday in a new overview of arms transfers.
India’s imports between 2011 and 2015 stood at 14% of the world’s total, twice as much as second-placed Saudi Arabia, the Stockholm International Peace Research Institute (SIPRI) said.
China, the United Arab Emirates (UAE) and Australia rounded off the five largest arms importers.
In its overview of global arms transfers, SIPRI estimated that the volume of arms transfers increased worldwide in the 2011-2015 period by 14 per cent compared with 2006-2010.
The institute uses a five-year cycle to even out fluctuations caused by a big order during any specific year. Read More