We Arm the World! US Dominates Global Arms Sales
http://www.commondreams.org/headline/2012/08/27
U.S. arms exports tripled and reached a record $66.3 billion last year or more than three-quarters of the global arms market, the New York Times is reporting Sunday night.
The US military-industial complex sold 78 per cent of the world's arms in 2011. Russia was a distant second, with just $4.8 billion in weapon sales.
In a June 2012 conference call to journalists, Andrew Shapiro, US Assistant Secretary of State for Political-Military Affairs said: "Today, I can confirm that this is already a record-breaking year for foreign military sales. We have already surpassed $50 billion in sales in fiscal year 2012," which ends September 30. Shapiro said it was too early to predict whether 2013 would see a further increase in foreign military sales.
Despite the global domination by the United States, on Saturday the neo-con editors at the Washington Post headlined an article claiming China an Emerging World Arms Exporter.
"China... has transformed itself from the worlds largest importer of arms to a major producer, with domestic production exploding by 95 percent from 2002 to 2006 and from 2007 to 2011, making it the sixth-largest arms exporter in the world."