The Intricate Affair Of Transferring Arms

The movement of weapons and sensitive arms cargo is a complicated business. Each country has its own regulations regarding the importing and exporting of arms, as do the airlines that carry them. Even though there is a global slump in several markets, arms sales are not slowing down and significant countries are adjusting their exporting regulations to better position themselves on the regional and global stage. Last month, the Stockholm International Peace Research Institute (SIPRI) reported that within the last five-year period, the worldwide arms trade has risen to its highest level since the Cold War mostly driven by a demand from the Middle East and Asia. Africa too has seen growth with Algeria and Egypt imports steadily increasing in the period 2014 to 2016.

Written by Sylvia Caravotas (Satovarac Consulting) for OIDA. The full article is available from OIDA.