STOCKHOLM (Reuters) - Russian firms increased weapons sales sharply in 2012 helped largely by a Kremlin armaments programme, while global sales of arms and military services by private companies fell for a second straight year, data from the Stockholm International Peace Research Institute (SIPRI) showed on Friday.
While sales by companies in the United States, Canada and most West European countries fell in 2012, arms sales by Russian firms rose by 28 percent, the institute said.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
