Russian president, Vladimir Putin (L) and Algerian counterpart, Abdel Aziz Boutaflika (R)
Algiers – Hocine Bousaleh
Data provided by U.S. Congress, confirmed that Algeria buys more arms from Russia than any other nation. During the period of 2008 to 2011, weapons deals .between Algeria and Russia totaled $2.3 billion. The American newspaper the
World Tribune, said Syria comes in second place in with $1.7 billion of purchases during the same period. The sale of arms from Russia to Syria "rose dramatically in 2011." Kuwait came third on the list with $700million.”
The Peace Research Institute based in Stockholm, revealed last April that Algeria "raised its budget for military purposes by 44 percent" over the past year. It is seventh in the world in terms of weapons expenditure. Algeria is re-equipping its army with the income derived from high oil and gas prices worldwide.
Algeria came before Morocco and South Africa on the African continent, the three countries' weapons purchases reached about 75 percent of global weapons imports, in the period from 2007 to 2011.
According to the report, India came top of the arms import list, while the United States and Russia were top of global weapons sales, selling nearly half of all weapons in the period.
GMT 12:09 2018 Sunday ,09 December
Investment minister witnesses MoU to support clean technology start-up acceleratorGMT 10:25 2018 Friday ,07 December
Venezuela inks deals worth six bn dollars with RussiaGMT 15:42 2018 Tuesday ,04 December
EBRD President Suma Chakrabarti to visit EgyptGMT 08:27 2018 Sunday ,02 December
G20 leaders back WTO reform despite clear divisionsGMT 08:27 2018 Tuesday ,27 November
Eurasian Economic Union to protect itself from anti-Russian sanctionsGMT 12:21 2018 Sunday ,25 November
Egypt's Investment minister meets Lebanese PM to boost economic cooperationGMT 21:48 2018 Friday ,23 November
French lawmakers fear intimidation by 'yellow jacket' fuel protestersGMT 11:56 2018 Tuesday ,20 November
South Korea hosts Boao Forum for Asia in SeoulMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor