{"id":12619,"date":"2012-03-19T03:03:30","date_gmt":"2012-03-19T03:03:30","guid":{"rendered":""},"modified":"2012-03-19T04:03:31","modified_gmt":"2012-03-19T04:03:31","slug":"Asia-is-world-s-top-weapon-import","status":"publish","type":"post","link":"https:\/\/asiancemagazine.com\/?p=12619","title":{"rendered":"Asia is world’s top weapon import"},"content":{"rendered":"

Asia leads the world when it comes to weapon imports, according to a study released Monday by the Stockholm International Peace Research Institute (SIPRI).<\/strong><\/p>\n

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, the report said.<\/p>\n

Over the past five years, Asia and Oceania accounted for 44 percent in volume of conventional arms imports<\/strong>, the institute said.<\/p>\n

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.<\/p>\n

India was the biggest arms importer in the period covered, 2007-11, accounting for 10 percent in weapons volume.<\/strong><\/p>\n

It was followed by South Korea (6 percent), China and Pakistan (both 5 percent), and Singapore (4 percent)<\/strong>, according to the independent institute which specialises in arms control and disarmament matters.<\/p>\n

These five countries accounted for almost a third, 30 percent, of the volume of international arms imports, said SIPRI.<\/p>\n

While India was the world’s largest importer, its neighbour and sometime foe Pakistan was the third largest.<\/p>\n

China, which in 2006 and 2007 was the world’s top arms importer, has now dropped to fourth place.<\/strong><\/p>\n

Source AFP<\/em>
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