Monday 19 March 2012

India becomes world’s top weapon importer: SIPRI



Asia leads the world when it comes to weapon imports, says a report.

According to the Stockholm International Peace Research Institute (SIPRI), globally the volume of international transfers of major conventional weapons was 24 percent higher in the period 2007-11 compared to the 2002-06 period. 
Over the past five years, Asia and Oceania accounted for 44 percent in volume of conventional arms imports, the institute said. 
That compared with 19 percent for Europe, 17 percent for the Middle East, 11 percent for North and South America, and 9 percent for Africa, said the report.

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