India became the world’s largest arms importer.
Sipri Report 2024: India has become the world’s largest arms purchasing country in the last 5 years. This big claim was issued on Monday by Sweden’s Stockholm International Peace Research Institute i.e. SIPRI. It has been told in this report that not only India, but Asian countries have purchased the maximum number of weapons in the last 5 years. Europe’s arms imports doubled as a percentage of weapons purchases in 2019-2023 compared to 2014-2018. The biggest reason for this is believed to be the war between Russia and Ukraine. This is the reason why America’s arms exports have also increased by 17 percent during this period.
However, Russia, which has traditionally been considered a big country in arms exports, saw a big decline in its exports after the war between Russia and Ukraine. Therefore, Russia reached third place in arms sales. America is at first place and France is at second place.
France’s arms exports increased by 47 percent in 5 years
France’s arms exports have increased by 47 percent between 2014-18 and 2019-23. India has been the biggest buyer of French arms, accounting for about 30 percent of France’s total exports. Recently, India has purchased Rafale fighter jets from France. These are expensive fighter jets. If we talk about Russia, ever since Russia got involved in the war with Ukraine, the export of arms has reduced. Russia’s arms exports have fallen by 53 percent between 2014-18 and 2019-23. While in 2019 it sold arms to 31 countries, in 2023 only 12 countries bought arms. India bought 34 percent of Russian arms. Russian weapons are traditional, not updated according to the new times. somewhere on the other side
India becomes the biggest buyer, imports increased by 5 percent: report
India is the world’s largest arms importer. India’s arms imports grew by 4.7 percent between 2014-18 and 2019-23. India ranks first in the world with 9.8 percent arms import. India purchased maximum arms from Russia. This was 36 percent of India’s total arms imports. The report also said that this is the first time since the Soviet era of 1960-64 that Russia’s share in India’s arms imports is less than 50 percent.
These countries are the biggest buyers of arms in the world
After India, Saudi Arabia imports the largest number of arms in the world (8.4%). Although Saudi Arabia has also been in the first place, but according to this report it is now in the second place. Qatar (7.6%), Ukraine (4.9%), Pakistan (4.3%), Japan (4.1%), Egypt (4.0%), Australia (3.7%), South Korea (3.1%) and China (2.9%) bought Is.
Pakistan bought weapons even in poverty
Despite shortage of flour, pulses, LPG, skyrocketing prices of petrol, inflation and depleted foreign exchange reserves, Pakistan has not lagged behind in purchasing arms. According to the report, a 43 percent increase was seen in Pakistan’s arms purchases. It is clear from this that the financial help or loan that Pakistan receives from IMF or other means, it uses a large amount of that amount to purchase weapons. India has also warned international banks about this. Pakistan was the world’s fifth largest arms importer in 2019-23. Pakistan bought maximum 82 percent weapons from China.
Latest World News