Report: Ukraine war ups arms sales but challenges lie ahead
Summary by Associated Press News
Global arms sales increased by nearly 2% in 2021, the seventh consecutive year of increases, an international arms sales watchdog noted Monday.
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Ukraine war ups arms sales but challenges lie ahead: report
Global arms sales increased by nearly 2 per cent in 2021, the seventh consecutive year of increases, an international arms sales watchdog noted Monday.
Report: Ukraine war ups arms sales but challenges lie ahead
STOCKHOLM (AP) — Global arms sales have grown by nearly 2%, chiefly because of the war in Ukraine. But the conflict may also hamper production, not least because Russia is a major supplier of raw materials used in arms production. The Stockholm International Peace Research Institute said Monday that this means that efforts to strengthen the countries’ armed forces and to replenish their stockpiles after sending billions of dollars’ worth of ammu…