Ryad dethroned New Delhi. Saudi Arabia has indeed become in 2014 the first world importer of military equipment in a market whose volume has reached record levels, according to a report released Sunday, March 8 by the consulting firm IHS Janes, based in London .
In 2014, arms sales “increased for the sixth consecutive year” , reaching $ 64.4 billion ($ 59.3 billion), against $ 56 billion (51.6 billion euros) in 2013, an increase of 13.4%, says the document. Ben Moores IHS Janes says:
“This record figure was fueled by unprecedented demand from emerging economies for military aircraft and rising regional tensions Middle East (in the area) Asia Pacific. “
The report, which covers some 65 countries, indicates that Riyadh is now the largest buyer of weapons in the world, with imports reached $ 6.4 billion (€ 5.9 billion). “The Saudi imports increased by 54%” and even climb 52% in 2015 to 9.8 billion (€ 9 billion), the report said.
Saudi Arabia, the second in 2013, and beyond India ($ 5.5 billion) and becomes the same time “larger market” for the United States.
“In 2015, a dollar a week spent on arms purchases (is paid) by Saudi Arabia,” insists IHS Janes, stressing that “ Middle East is the largest regional market” to arms sales, with some $ 110 billion of potential imports in the coming decade.
On their own, Saudi Arabia and the UAE imported $ 8.6 billion of military equipment in 2014, more than any Western Europe.
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