Swedish research institute - Latest News Update, Information, Photos & Videos on Swedish research institute at Lokmat Times

Stockholm, March 14 European states' imports of major arms over the five years between 2018 and 2022 surged significantly compared with that of the 2013-2017 period, despite the global arms transfers decreased during the same period, a Swedish research institute said.In its latest report of global arms sales, the Stockholm International Peace Research Institute (SIPRI) on Monday said during the 2018-2022 period, the imports of major arms by European states increased by 47 per cent from the five years between 2013 and 2017, while the global arms transfers decreased by 5.1 per cent during the same period.During the stated period, arms imports in Africa, the Americas, Asia and Oceania, and the Middle East fell by 40 per cent, 21 per cent, 7.5 per cent and 8.8 per cent respectively, according to the report.Meanwhile, European North Atlantic Treaty Organisation states increased their arms imports by 65 per cent mainly due to the Russia-Ukraine war, Xinhua news agency reported.The report also said that the US dominance of the global arms trade increased, as its share of global arms exports surged from 33 to 40 per cent while Russia's share fell from 22 to 16 per cent.In the Asia-Pacific region, South Korea, Japan and Australia's arms imports soared 61 per cent, 171 per cent and 23 per cent respectively, with the US as the main supplier to the three countries. In the Middle East, the largest arms supplier is also the US, providing 54 per cent of the region's arms imports.As a result of military aid from the US and many European states following the Ukraine crisis in February 2022, Ukraine became the third biggest importer of major arms during 2022."Even as arms transfers have declined globally, those to Europe have risen sharply due to the tensions between Russia and most other European states," said Pieter D. Wezeman, senior researcher with the SIPRI Arms Transfers Programme, in a press statement.Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Narendra Modi

Lok Sabha Election 2024

Heatwave In India

Mumbai Mega Block

Maharashtra Lok Sabha Election

T20 World Cup 2024

Swedish Research InstituteFOLLOW

Swedish research institute, Latest News

Politics :Arms imports to Europe surge despite global decline: Swedish research institute

Stockholm, March 14 European states' imports of major arms over the five years between 2018 and 2022 surged ... ...