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U.S. and Russian arms deals value totally $ 35 billion last year

30 October 2008 08:41 (UTC +04:00)

Washington. Rashad Suleymanov â€“APA. According to the US Congress report on the worldwide arm deals, Russia took second place for the value of arms deals, selling $10.4 billion arms last year, which accounted 17.4 percent of world arms deals operations, APA reports. Russia increased volume of its arms deals by $2.3 billion in compare with 2006. The report said Russia’s biggest-ticket arms deals continued to be with India and China while it was pushing to expand prospects in North Africa, the Middle East and Southeast Asia. "Most recently, Russia has increased sales efforts in Latin America, despite having essentially abandoned major arms sales efforts there after the end of the Cold War," it said.
The United States kept its usual leadership in the world arm deals market. The value of worldwide U.S. arms deals soared nearly 50 percent last year to $24.8 billion from $16.7 billion in 2006. The United States accounted for 41.5 percent of all such agreements in 2007.
Britain was third, with arms deals valued at $9.8 billion, up from $4.1 billion in 2006, said the report.
Saudi Arabia was the largest buyer among developing countries in 2007, concluding $10.6 billion in arms deals, led by an order for 72 Eurofighter Typhoon fighter aircraft valued at more than $9 billion.
India was the second biggest buyer among developing countries with $5 billion in agreements, with Pakistan third, with $4.2 billion.