ABSTRACT

Conventional Arms Transfers to the Third World, 1986-1993 [July 29, 1994]   [open pdf - 3MB]

"The Third World continues to be the primary focus of foreign arms sales activity by weapons suppliers. During the years 1986-1993, the value of arms transfer agreements with the Third World comprised 71.7% of all such agreements worldwide. In 1993, the value of arms transfer agreements with the Third World constituted 64.2% of all arms transfer agreements worldwide. The value of all arms transfer agreements with the Third World in 1993 was $20.4 billion. This was by far the lowest yearly total, calculated in either nominal or real terms, for any of the years during the 1986-1993 period. The general decline in the value of new arms transfer agreements with the Third World seen in recent years was dramatically reversed in 1990 as the result of major new arms agreements related to the Gulf War. However, in 1991 the pattern of overall decline in the value of arms transfer agreements with the Third World resumed in an equally dramatic fashion. This pattern of decline continued in 1993. At the same time, in 1993 the value of all arms deliveries to the Third World ($15 billion) was the lowest total, in nominal and real terms, by a substantial margin for any year during the 1986-1993 period. This is the sixth consecutive year since 1987 that the value of all arms deliveries to the Third World dropped significantly. The United States has become the predominant arms supplier to the Third World since the Cold War's end. During the 1990-1993 period, the United States accounted for 52.2% of the value of all arms transfer agreements with the Third World."

Report Number:
CRS Report for Congress, 94-612
Author:
Publisher:
Date:
1994-07-29
Copyright:
Public Domain
Retrieved From:
Via E-mail
Media Type:
application/pdf
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