Title: Growth in arms trade stunted by supply issues: report
Post by: forex4you on Dec 05, 2022, 03:41 am
Post by: forex4you on Dec 05, 2022, 03:41 am
Growth in arms trade stunted by supply issues: report
Source: Growth in arms trade stunted by supply issues: report (http://aroundworld24.com/2022/12/04/growth-in-arms-trade-stunted-by-supply-issues-report/)
ID:
1670195444199640100
Sun, 2022-12-04 23:01
STOCKHOLM: Sales of arms and military services grew in 2021, researchers said Monday, but were limited by worldwide supply issues related to the pandemic, with the war in e increasing demand while worsening supply difficulties.
The top 100 arms companies sold weapons and related services totalling $592 billion in 2021, 1.9-percent more than the year before, said the latest report from the Stockholm International Peace Research Institute (SIPRI).
However the growth was severely impacted by widespread supply chain issues.
Source: Growth in arms trade stunted by supply issues: report (http://aroundworld24.com/2022/12/04/growth-in-arms-trade-stunted-by-supply-issues-report/)