The U.S. provided nearly half of the conventional weapons sold to developing nations in 2005, according to the "Conventional Arms Transfers to Developing Nations" report that is prepared every eight years for Congress. The U.S. is the only country that has two distinct accounting systems for exporting weapons: government-to-government and commercial. There is no official data on commercial sales, and exporters are not required to report sales contract data to the U.S. Department of State. The following information concerns government-to-government sales:
- $44.2 billion: The total value of all arms transfer agreements worldwide (to both developed and developing nations) in 2005.
- $30.2 billion: The value of all arms transfer agreements with developing nations in 2005, the highest annual total since 1998.
- 35.5 percent: U.S. share of all developing world arms transfer agreements in 2004. It dropped to 20.5 percent in 2005 (possibly due to an increase in U.S. subcontracting of arms sales to private companies).
- $5.2 billion: The value of Egypt's purchase agreements of U.S. arms from 2002 to 2005. In the same period, Saudi Arabia's purchase agreement totaled $4.2 billion and Israel's $2.5 billion.
Source: "Conventional Arms Transfers to Developing Nations, 1998-2005," by the Congressional Research Service.
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Berger, Rose Marie
Mendez, Jonathan
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Read other articles by:
Berger, Rose Marie
Mendez, Jonathan
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