U.S. Tops the List of Global Arm Suppliers

Bangalore: The sale of weapons in both developed and developing countries nearly doubled to 8.55 billion dollars in 2011, the U.S. being the dominant supplier for three-fourths of global weapons sales, reports Tiffany Hsu of Los Angeles Times.

Weapon sales by the U.S. tripled to a record high of 66.3 billion dollars- an increase of 78 percent of all weapon sales, according to a report from the Congressional Research Service. India made 6.9- billion dollar arms bill from U.S. India is planning to buy 100 billion dollar worth of new weapons over the next ten years, arm sales may be the best way for the United States to revive U.S.-Indian relations. In 2005, U.S. President George W. Bush had granted India unique nuclear deal, offering to assist India’s civilian nuclear program of the Nuclear Nonproliferation Treaty. The Indians viewed this treaty as a possible long term partner with the United States.