The Hindu Editorial Analysis: The editorial analysis of The Hindu Newspaper Editorial Articles aimed at simplifying various concepts relevant to the UPSC and other State PSC Exams. The Editorial Analysis helps in expanding the knowledge base as well as framing better quality mains answers. Today’s Hindu Editorial Analysis discusses recently released the Stockholm International Peace Research Institute (SIPRI) report 2023 on arms trade among various countries of the world.
Recently released SIPRI Report on Arms Trade highlighted that European countries increased their imports of major weaponry by 47% between 2013-17 and 2018-2022. This rise is significant as the global volume of international arms transfers fell by 5.1%.
The increase in arms imports was 65% in the between 2013-17 and 2018-2022 If we only those European states which are part of the U.S.-led NATO alliance.
The arms imports in 2018-2022 is the highest in many European countries such as the Netherlands, Norway, Denmark, France, Belgium, Serbia, Belarus and Lithuania across all periods considered in the SIPRI Report.
A significant increase was visible in Europe’s share in global volume of arms transfers. However, the SIPRI Report Data shows that the share of West Asia, Americas and Asia and Oceania have declined marginally in the last five years.
The export of arms has long been dominated by the U.S. and Russia with the two countries being the largest and second-largest arms exporters for the past three decades.
SIPRI is an international research organization established in 1966. SIPRI is an independent international institute dedicated to research of conflict, armaments, arms control and disarmament.
The SIPRI TIV is a measure of the volume of international transfers of major arms. The SIPRI’s TIV is based on the known unit production costs of a core set of weapons. It is intended to represent the transfer of military resources rather than the financial value of the transfer. This data is intended to provide a common unit to allow the measurement of trends in the flow of arms to particular countries and regions over time.
Ans. The Stockholm International Peace Research Institute (SIPRI) report is an independent international institute dedicated to research of conflict, armaments, arms control and disarmament.
Ans. The export of arms has long been dominated by the U.S. and Russia with the two countries being the largest and second-largest arms exporters for the past three decades.
Highest Ever Defence Export from India
The Stockholm International Peace Research Institute (SIPRI) report is an independent international institute dedicated to research of conflict, armaments, arms control and disarmament.
The export of arms has long been dominated by the U.S. and Russia with the two countries being the largest and second-largest arms exporters for the past three decades.
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