Germany Approves Over €1 billion in Arms Exports to Middle East
As per the reports, the German government approved a total amount of $1.41 billion (€1.16 billion) for exports of arms in the year 2020 to nations involved in the Libya and Yemen conflicts.
- Germany gave permission to export military equipment and weapons worth €752 million to Egypt by December 17, 2020.
- Germany also gave permission for arms exports worth €23.4 million for Kuwait, €305.1 million to Qatar, round €22.9 million to Turkey, and over €51 million to the United Arab Emirates.
- In addition to this, licenses were granted to Bahrain totaling €1.5 million and to Jordan amounting to €1.7 million.
As per the Stockholm International Peace Research Institute (SIPRI), Germany is among the top five arms exporters in the world. The other four top arms exporters are the US, France, Russia, and China.
These top five countries together accounted for around 76% of all arms exports during 2015–19.
SIPRI is an international organization headquartered in Stockholm, Sweden. The organization provides recommendations, analysis, and data for arms trade, military expenditure, and armed conflicts in addition to arms control. It was founded in the year 1966. The organization publishes various reports, papers, etc.