International Arms Sales

Archive Report

National Policies and Arms Selling

Billish Market for World Exports of Weaponary

World trade in military weapons is a booming business for a growing number of industrial countries. The United States and Soviet Russia long have dominated the tie Id. but not so completely now as in the past. A dozen nations or more, including the two super powers, have found that there is profit as well as potential political gain in the export of arms. As the Cold War ideology wanes, the balance of payments becomes a goal at least as attractive as the balance of military power. Arms sales, rather than grants, are the order of the day—with some notable exceptions.

Almost all of the arms-exporting nations find the market especially fertile in Africa. Asia ...

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