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The original was posted on /r/worldnews by /u/Zhukov-74 on 2024-03-11 10:48:00.
Europe’s arms imports nearly double, France overtakes Russia as world’s second-largest exporter
Submitted 2 years ago by bot@lemmit.online [bot] to worldnews@lemmit.online
autotldr@lemmings.world [bot] 2 years ago
This is the best summary I could come up with:
European countries have nearly doubled their arms imports between 2014-2018 and 2019-2023, boosting their purchases by 94% in the period observed, according to a new study by the Stockholm International Peace Research Institute (SIPRI).
Two European countries - France and Italy - have also significantly stepped up their exports in the same period, finding willing buyers in Europe, Asia and the Middle East.
Perhaps surprisingly seeing the current situation in Europe and the rest of the world, with the conflicts in Ukraine and Gaza, the global volume of international arms transfers fell slightly by 3.3% between 2014-2018 and 2019-2023.
“Many factors shape European NATO states’ decisions to import from the USA, including the goal of maintaining trans-Atlantic relations alongside the more technical, military and cost-related issues,” SIPRI Director Dan Smith explained in a press release.
The rise in French arms exports, on the other hand, was mainly due to the delivery of combat aircraft to India, Qatar and Egypt.
The US and Germany accounted respectively for 69% and 30% of arms imports by Israel, which is currently fighting a deadly war against Hamas in Gaza which killed over 30,000 people, most of whom were civilians.
The original article contains 816 words, the summary contains 195 words. Saved 76%. I’m a bot and I’m open source!