European arms imports climb, U.S. dominance in exports grows – assume tank

Article content material

STOCKHOLM — European states elevated their imports of main weaponry by 47% within the 5 years to 2022, whereas the US’ share of world arms exports rose to 40% from 33%, a number one battle think-tank mentioned on Monday.

Russia’s invasion of Ukraine final 12 months, following years of rising tensions, has prompted European international locations to hurry to bolster their defenses.

Article content material

“Whilst arms transfers have declined globally, these to Europe have risen sharply because of the tensions between Russia and most different European states,” Pieter D. Wezeman, Senior Researcher with the Stockholm Worldwide Peace Analysis Institute (SIPRI), mentioned in a press release.

Article content material

SIPRI defines main arms as plane, warships, tanks, artillery, missiles and varied heavy protection programs.

European states within the U.S.-led NATO alliance elevated their arms imports by 65% from the earlier five-year interval. However worldwide, worldwide arms transfers fell 5.1%, in line with SIPRI.

The US and Russia have been the world’s largest and second-largest arms exporters for the previous three a long time.

U.S. arms exports elevated by 14% from 2013-17, and the U.S. accounted for 40% of world arms exports. Russia’s share fell to 16% from 22%.

“It’s seemingly that the invasion of Ukraine will additional restrict Russia’s arms exports,” SIPRI’s Siemon T. Wezeman mentioned. “It is because Russia will prioritize supplying its armed forces and demand from different states will stay low resulting from commerce sanctions on Russia.”

In 2022, SIPRI warned that the worldwide nuclear arsenal was more likely to develop within the coming years. (Reporting by Johan Ahlander; Modifying by Kevin Liffey)

Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button