Asia arms bazaar tops Mideast's, U.S. survey finds


  • World
  • Thursday, 02 Nov 2006

WASHINGTON (Reuters) - Asia has shot past the Middle East as the world's largest arms market, with India concluding $5.4 billion in deals in 2005, the most of any developing nation, a new report for the U.S. Congress has found. 

Weapons orders worldwide rose sharply in 2005, according to an annual study by the Congressional Research Service -- one of the most authoritative, unclassified, reports of its kind. 

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