In 2014 global defense spending increased for a sixth year in a row, according to a study by business analyst firm IHS. Defense trade rose by 13.4 per cent to 64.4bln US dollars. These are the countries the imported the most weapons and those that exported the most. The US tops the exporters of military equipment, followed by Russia.
The Secretary of state for Strategic Affairs, Daniel Ionita has met on Wednesday, in New York, with the United Nations' High Representative for Disarmament, Angela Kane, the two talking mainly about the efforts of the international community in the implementation of the Treaty on Nuclear Weapons' Non-proliferation, a press release sent AGERPRES on Thursday by the Foreign Affairs Ministry (MAE),
World military spending was largely unchanged in 2014 as lower spending in the United States and Western Europe was matched by increases elsewhere, prompted by conflicts in the Middle East, Eastern Europe and Africa, an arms watchdog said April 13.
The Stockholm International Peace Research Institute (SIPRI) said total global arms expenditure was down 0.4 percent at $1.8 trillion.