Illegal arms trade economic impact | Economic Divide

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Data from SIPRI’s Arms Industry Database shows that arms sales by the world’s 25 largest arms-producing and military services companies (arms companies) totalled US$361 billion in 2019. This represents an 8.5 per cent increase in real terms over the arms sales of the top 25 arms companies in 2018. By the way, we will feature an interview I had with the world famous SIPRI institute, President Jan Eliasson, chairman of the institute.

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