India world's 2nd biggest arms buyer

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India world's 2nd biggest arms buyer, US leads in Sales

 

WASHINGTON, Aug 22 (PNS): India signed a $4.8 billion global arms

deal last year, second only to United Arab Emirates while US led the

arms sellers accounting for 18.6 billion dollars, an American

Congressional report has said.

 

UAE, which purchased 7.4 billions dollars worth of arms was placed

before South Korea, which penned 2.3 billion dollar worth global

contract, it said.

 

It said the second and the third in the sellers list were Russia with

7.7 billion dollars of the entire chunk and France 4.1 billion

dollars.

 

Germany's arms sales stood at 1.1 billion dollars, Britain 600

million dollars, China 400 million dollars and Italy 100 million

dollars, reports PTI. End.