U.S. Top Arms Seller, But Struggles To Buy Back Rockets In Iraq -- Nukes And Spooks
Two new reports provide a study in contrasts when it comes to the United States and the global weapons trade.
A study by the New America Foundation places the United States at the top of the list of the world's leading arms-selling nations in 2007, accounting for more than 45 percent of all global weapons transfers.
The Bush administration signed arms sales agreements with 174 nations and territories worth more than $32 billion last year, including with one or more parties involved in 20 of the world's 27 major conflicts, the report says. The five biggest recipients of U.S. arms were Pakistan, Turkey, Israel, Iraq and Colombia.
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My Comment: Iraq will probably be the number #1 arms buyer for the next decade. Depending on the internal situation of Iran, the Gulf countries will be number #2. Pakistan and India could be number #3, and the Chinese buildup of its military strength will make its neighbors to become number #4.