Ukraine is the third largest importing country
Russia’s invasion of Ukraine has resulted in a steady flow of military aid to Kiev from the United States and Europe, a Swedish think tank said on Monday. This makes Ukraine the world’s third largest importer of arms in 2022. The Stockholm International Peace Research Institute (SIPRI) reported that from 1991, when Ukraine became independent amid the collapse of the Soviet Union, to the end of 2021, Ukraine imported some major weapons. However, the invasion of Moscow on February 24 last year markedly changed this. SIPRI, in its report on global arms transfers, said that only Qatar – which has dramatically increased its arms purchases over the past decade – and India imported more weapons in the year.
America, Russia dominate arms exports
According to the report, the five largest arms exporters include the US, Russia, France, China and Germany. SIPRI said that the United States and Russia have long dominated arms exports. Both the countries have been the largest and second largest arms exporters for the last three decades. The report said that imports from Pakistan, the world’s eighth largest arms importer, increased by 14 per cent during 2018-22. In this, China has been its main supplier.
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14% increase in US arms exports
However, the gap between the two countries America and Russia is widening. At the same time, the gap between Russia and the third largest arms supplier, France, has narrowed. The think tank said it was likely that the invasion of Ukraine would further limit Russia’s arms exports because of Moscow’s need to prioritize supplies of its own armed forces. Also there is less demand from other countries due to trade restrictions. SIPRI data showed that US arms exports increased by 14% between the period 2013-17 and 2018-22. Washington accounted for 40% of global arms exports in 2018–22.
Source: navbharattimes.indiatimes.com
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