BBC NEWSAmericasAfricaEuropeMiddle EastSouth AsiaAsia PacificArabicSpanishRussianChineseWelsh
BBCiCATEGORIES  TV  RADIO  COMMUNICATE  WHERE I LIVE  INDEX   SEARCH 

BBC NEWS
 You are in: World: Americas
News image
Front Page 
World 
Africa 
Americas 
Asia-Pacific 
Europe 
Middle East 
South Asia 
-------------
From Our Own Correspondent 
-------------
Letter From America 
UK 
UK Politics 
Business 
Sci/Tech 
Health 
Education 
Entertainment 
Talking Point 
In Depth 
AudioVideo 
News image


Commonwealth Games 2002

BBC Sport

BBC Weather

SERVICES 
Monday, 20 August, 2001, 18:53 GMT 19:53 UK
Boom time for arms sales
F-16
The US sold F-16s worth billions of dollars to the UAE
By defence correspondent Jonathan Marcus in Washington

Despite the end of the cold war, global arms sales have again increased, with US manufacturers taking the lion's share of orders.

A report from the Congressional Research Service in Washington says that the United States has consolidated its position as the supplier of choice, manufacturing about half the weapons sold during 2000.

Arms trade in 2000
US sales: $18.6 bn
Russian sales: $17.7bn
World sales up 8%
68% of US sales to developing countries
68% of the American arms sales went to developing countries.

US industry signed deals worth some $18.6 billion in 2000.

Next came Russia, with $17.7billion in sales, followed by France, Germany, Britain, China and Italy.

A significant factor in the increase in US orders was a multi-billion dollar contract for F-16 fighters from the United Arab Emirates.

Primary markets

The report says that global arms sales increased by 8% in 2000 - the third year of growth in a row.

Since the end of the cold war arms orders from many established military powers have been in decline.

KPP Guns
The UN says that inflows of small arms are fuelling conflict in Africa

But the Congressional Research Service report suggests that developing nations are now the primary market for arms suppliers.

The report notes Russia's continuing arms sales to Iran and also China's efforts to sell arms, especially missiles, abroad, though Chinese arms sales fell off significantly last year.

The Bush administration is eager to encourage both Moscow and Beijing to pursue what it sees as a more responsible arms sales policy but, given America's dominant position in the global arms trade, they are likely to tell Washington to practise what it preaches.

See also:

25 Apr 01 | Americas
Bush defends Taiwan arms sales
03 Apr 00 | Middle East
US anger at Israeli arms sales
29 Jul 00 | Northern Ireland
Dissidents look east for arms
Internet links:


The BBC is not responsible for the content of external internet sites

Links to more Americas stories are at the foot of the page.


E-mail this story to a friend

Links to more Americas stories



News imageNews image