Saudi surpasses India as world's largest weapons importer
Xinhua, March 8, 2015 Adjust font size:
Saudi Arabia surpassed India and became the top state in the world in military equipments imports in 2014, Elaf news portal reported Sunday.
Saudi Arabia has became the world's largest weapon importers with the purchase of military equipments worth 6.4 billion U.S. dollars.
The oil-rich country surpassed India (5.5 billion dollars) to become the most important market to the United States, said the report, based on an HIS Jane's report released Sudday.
The report predicts that Saudi Arabia to remain on top with 9.8 billion dollars' spending by the end of this year.
Meanwhile the newspaper highlighted the reason of the rising demands to the uncertainty and disturbances in surrounding countries such as Syria, Iraq and Yemen.
The report also indicates that one of each seven dollars Saudi Arabia spends has been used to buy weapons. Endit