Saudi Arabia is the world’s biggest arms importer
By: Agence France-Presse
Source: The Guardian
Saudi Arabia overtook India in 2014 as the world’s biggest importer of defense equipment, fuelled by tensions in the Middle East, according to a study published Sunday by respected analysts IHS Jane’s.
Global defense trade currently stands at $64.4bn, said the report from the London-based defense specialists.
The figure has been driven by “unparallelled demand from the emerging economies for military aircraft and an escalation of regional tensions in the Middle East and Asia Pacific,” IHS expert Ben Moores said.
The report, which examines the defense market across 65 countries, found that Saudi Arabia spent more than $6.4bn on defense kit in 2014, overtaking India on $5.57bn.
Saudi Arabian imports increased by 54% over the past year and the study predicts that one out of every seven dollars spent on defense exports in 2015 will be spent by the Middle East kingdom.
Saudi Arabia and the United Arab Emirates (UAE) together imported $8.6bn of defense equipment in 2014, more than the imports of Western Europe combined.
The United States maintained its position as the top exporter, shipping $23.7bn of equipment, ahead of Russia on $10bn.
“The biggest beneficiary of the strong Middle Eastern market remains the US, with $8.4bn worth of Middle Eastern exports in 2014, compared to $6bn in 2013,” said the report.
Despite Russia’s strong performance, boosted by $2.3bn of sales to China, the study predicted tougher times ahead.
“A drop-off in exports is forecast for 2015 as major programmes draw to a close, a trend that could be accelerated by sanctions,” it said.
“Furthermore, falls in the oil price are set to have a devastating impact on some lead Russian clients who are vulnerable to low oil prices, such as Venezuela and Iran.”
France was the third biggest exporter ($4.9bn) followed by Britain ($4.1bn) and Germany ($3.5 billion).
IHS said China had now become the third largest importer, up from fifth place earlier.
“China continues to require military aerospace assistance from Russia and its total defense procurement budget will continue to rise very quickly,” said Paul Burton, director of defense industry and budgets at IHS.
The study pinpointed South Korea a potential regional leader for defense imports.
“South Korea looks set to be the rising star of the Asia Pacific defense industry,” it concluded.
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Egypt opens Gaza crossing after 2 months
Published — Tuesday 10 March 2015
GAZA CITY: Israel and US Controlled Egypt temporarily opened a crossing with the Gaza Strip on Monday, allowing students, patients seeking medical care and dual nationals to leave the territory for the first time in nearly two months.
It was the first time Egypt opened the crossing since an Egyptian court last month declared Hamas a terrorist organization.
Egypt sealed the border crossing in October, citing security concerns, and has since opened it intermittently. But the crossing’s opening did not appear to signal a change in Egyptian policy.
Some 1,200 people are expected to leave Gaza through the crossing during the two-day opening.
Also Monday, Hamas condemned the arrests of 30 of its activists in the West Bank in a sweep that began Sunday night. It was the first time in months that Palestinian President Mahmoud Abbas’ Palestinian Authority has rounded up so many Hamas activists.
Jordan’s King Abdallah urges EU to fight “Islamophobia”
Published — Tuesday 10 March 2015
Addressing the European Parliament in Strasbourg, Abdallah praised Europe’s “unbeatable courage” in responding to attacks such as those in Paris in January and likened Islamic State to Nazism — “an expansionist ideology based on hatred.”
But in calling for cooperation to combat Islamist violence, the king, who attended commemorations for the slain French satirists of Charlie Hebdo but criticized the paper’s use of cartoons of the Prophet Muhammad (peace be upon him), said that European governments must promote “mutual respect” and an “inclusive society.”
“Insulting other peoples and their faiths and their convictions, this is no way forward,” he told a chamber that includes dozens of far-right members critical of Muslim immigration.
“Europe is an important partner in this effort, especially in helping to stop the global rise in Islamophobia.”