Increased arms imports into the Asian region are primarily due to the unstable security environment in the Middle East and concerns from China's neighbors over its rise, analysts said, emphasizing this makes the region more volatile.
Last week, India signed an inter-governmental agreement with France in New Delhi for the purchase of 36 Rafale jet fighters in flyaway condition for $8.82 billion from French company Dassault.
The jets can carry tactical nuclear warheads, and this means India's nuclear deterrence capability will be greatly improved, Shenzhen Television reported.
"India also wants to purchase the Rafale technology from Dassault but France refused, meaning France has no intention to help India promote its military industrial system," said Zhao Gancheng, director of South Asia Studies at the Shanghai Institutes for International Studies.
According to the Stockholm International Peace Research Institute (SIPRI), India is the largest arms importer in the world. India is rapidly expanding its military capabilities, spending an estimated $100 billion on new defense systems since Narendra Modi became prime minister in 2014.
Many other countries with an advanced military industry are also competing for India's market, such as Russia, the US and Israel, SIPRI said.
Zhao said before this deal with France, India was also considering the US-made F-16. "India picked French-made jet fighters because they are cheaper and have a nuclear deterrence capability."
Including India, SIPRI's list of the top 10 arms importers 2011-2015 has nine Asian or Asia-Pacific countries.
Meanwhile, among the top 10 arms exporters, eight were European countries. Most of the top arms sellers are NATO members, except China and Russia.
SIPRI says the US is the biggest arms exporter, with 33 percent of global share, and it is the biggest arms seller to most importers in Asia, such as Saudi Arabia, the United Arab Emirates (UAE), Turkey, and South Korea...
[globaltimes.cn]
30/9/16
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Last week, India signed an inter-governmental agreement with France in New Delhi for the purchase of 36 Rafale jet fighters in flyaway condition for $8.82 billion from French company Dassault.
The jets can carry tactical nuclear warheads, and this means India's nuclear deterrence capability will be greatly improved, Shenzhen Television reported.
"India also wants to purchase the Rafale technology from Dassault but France refused, meaning France has no intention to help India promote its military industrial system," said Zhao Gancheng, director of South Asia Studies at the Shanghai Institutes for International Studies.
According to the Stockholm International Peace Research Institute (SIPRI), India is the largest arms importer in the world. India is rapidly expanding its military capabilities, spending an estimated $100 billion on new defense systems since Narendra Modi became prime minister in 2014.
Many other countries with an advanced military industry are also competing for India's market, such as Russia, the US and Israel, SIPRI said.
Zhao said before this deal with France, India was also considering the US-made F-16. "India picked French-made jet fighters because they are cheaper and have a nuclear deterrence capability."
Including India, SIPRI's list of the top 10 arms importers 2011-2015 has nine Asian or Asia-Pacific countries.
Meanwhile, among the top 10 arms exporters, eight were European countries. Most of the top arms sellers are NATO members, except China and Russia.
SIPRI says the US is the biggest arms exporter, with 33 percent of global share, and it is the biggest arms seller to most importers in Asia, such as Saudi Arabia, the United Arab Emirates (UAE), Turkey, and South Korea...
[globaltimes.cn]
30/9/16
-
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