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Georgia Ranks First In Armament Race

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  • Georgia Ranks First In Armament Race

    GEORGIA RANKS FIRST IN ARMAMENT RACE

    PanARMENIAN.Net
    13.06.2006 17:54 GMT+04:00

    /PanARMENIAN.Net/ Georgia is the world leader in military expenditures,
    says the annual report of the Stockholm International Peace Research
    Institute (SPRI) engaged in the investigation of the armament
    market. Tbilisi's expenditures for armament increased 2.5 times during
    a year and made $146 million.

    Compared with the United States, China, Russia, European states and
    Near East the amount is not much but Georgia left behind its neighbors
    - Azerbaijan (with 51% growth) and Armenia (23% growth). The SPRI
    specialists condition the sharp growth of expenditures with Georgia's
    wish to join the NATO. However they also mention Georgia's aspiration
    to re-subordinate Abkhazia and South Ossetia, reported the BBC News.

    From: Emil Lazarian | Ararat NewsPress
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