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S Arabia, China overtake India as top arms importers
India has been replaced as the biggest recipient of foreign arms by China and Saudi Arabia, according to latest figures that have been made available by the US government.
While India topped the list of developing countries that imported conventional weapons in 2008, the value of foreign arms received last year has come down to $1.2 billion, taking the country down to No. 5 in the list of top weapon importers of the world.
The new figures drawn up by the US government have been made available in an annual report prepared by the US Congressional Research Service (CRS) which tracks arms imports by all developing nations. The value refers to arms that have been actually delivered to the importing nations and does not include weapon systems that are being manufactured within the country with foreign technology.
According to the report, India was the biggest recipient of foreign arms in 2008 along with Saudi Arabia with both nations receiving weapon systems worth $1.8 billion from developed nations including US, Russia, UK and France. But the value has dropped sharply for 2009 with India getting $1.2 billion worth of arms and countries like China and South Korea overtaking it as the leading importers of weapon systems.
S Arabia, China overtake India as top arms importers
India has been replaced as the biggest recipient of foreign arms by China and Saudi Arabia, according to latest figures that have been made available by the US government.
While India topped the list of developing countries that imported conventional weapons in 2008, the value of foreign arms received last year has come down to $1.2 billion, taking the country down to No. 5 in the list of top weapon importers of the world.
The new figures drawn up by the US government have been made available in an annual report prepared by the US Congressional Research Service (CRS) which tracks arms imports by all developing nations. The value refers to arms that have been actually delivered to the importing nations and does not include weapon systems that are being manufactured within the country with foreign technology.
According to the report, India was the biggest recipient of foreign arms in 2008 along with Saudi Arabia with both nations receiving weapon systems worth $1.8 billion from developed nations including US, Russia, UK and France. But the value has dropped sharply for 2009 with India getting $1.2 billion worth of arms and countries like China and South Korea overtaking it as the leading importers of weapon systems.
S Arabia, China overtake India as top arms importers
