RealNews

Russia Led Arms Sales to Developing World in ’05

Russia surpassed the United States in 2005 as the leader in weapons deals with the developing world, and its new agreements included selling $700 million in surface-to-air missiles to Iran and eight new aerial refueling tankers to China, according to a new Congressional study. Those weapons deals were part of the highly competitive global arms bazaar in the developing world that grew to $30.2 billion in 2005, up from $26.4 billion in 2004. It is a market that the United States has regularly dominated. Full Story

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