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National Reports on Arms Export/ Imports

We will be discussing the national reports on the imports and exports of arms. We will also discuss the world's largest importer of arms. Read the full article to gather deeper knowledge.

In the current times, every nation in the world is looking forward to boosting its defence. They are important and exporting arms and other military equipment to do this, which will boost their defence system. The weak or countries running low on military equipment buy them from the powerful countries and boost their military defence system. The national report on arms export in India states that only 0.2% of the share of global arms exports during the year 2016 – 2020. Let us further discuss India’s arms Import and Export.

India’s arms Import and Export:

The national report on the arms export of India, according to Sipri, is only 0.2% of the global arms exports share during 2016-2020, making the country the 24th largest exporter of major arms. These statistical data represent a rise of 2 28% over India’s export share of 0.1% during 2011- 15. The national report on the arms export also States that India has been the biggest arms importer. The value of defence exports rose to Rs 11,607 in 2021-22 from Rs 1,941 crore in Financial Year 2015. As a developing country, India has increased its military budget to avoid lagging behind any other country. It has introduced the system of Atma Nirbhar Bharat, which will focus on making arms and ammunition at home.

Arms Act, 1959:

This act was passed by the Parliament of India, which has a set of laws that will govern the illegal production and use of weapons and ammunition. This applies to every citizen of the country and also to the citizens of India who are residing out of India. There are certain rules here that do not allow a citizen of India to possess a gun without a specific gun license. If found guilty, they will be booked under this act and may be jailed for certain years or even life imprisonment, depending upon the intensity.

World’s Largest Arms Exporter:

The world’s biggest arms exporter, please and doubtfully, is the United States, which is responsible for 38.6% of international arms sales between 2017 and 2021. Russia is in the second position in arms exports, but the shares have diminished. Russia’s customer is India, as India buys most of the arms from Russia. Francis is the third-largest exporter of arms in the world. The United States government is the world’s largest arms dealer. They have a higher military budget; they are the power giants in their defence system. They have higher monetary allocations for the military. Hence the production of more arms and ammunition takes place in the country. 

World’s Largest Arms Importer:

According to the statistical numbers provided by the Stockholm international peace research institute, India has been the world’s biggest arms importer in the last 5 years. It shows India’s arms import is ahead of Saudi Arabia, Egypt, Australia, and China. The imports of India were numbered at a whopping 11% of the global market, respectively. India is also looking to expand its arsenal, and there has been heavy buying of arms by India to strengthen its military power. Due to this, India is also emerging as a powerful nation with a strong defence system comprising missiles, arms, ammunition, and tanks, making India a Deadly Country. India has increased the military budget too. The defence minister has a more positive approach toward the country’s military system.

World’s Largest Arms:

The world’s largest arm is the .950 JDJ. This is a powerful calibre rifle cartridge developed by the weapon designer and American gunsmith J.D. Jones of SSK Industries. The calibre rifle cartridge is approximately 70 mm in length. The weight of the cartridge is 230 grams. These bullets have sheer size, sheer weight, and sheer power. However, the riffles that use these cartridges are discontinued and not in production anymore. They have been discontinued now.

Conclusion:

Every country would love to maintain world peace by not engaging in violence. Still, every country has this fear and responsibility to protect itself from uncertain scenarios, and to be prepared for them, one needs to have a good military defence system. Engaging in the exports and imports of arms and ammunition will boost the defence system of that country. The USA is emerging as a superpower because it is the largest exporter of Arms globally, and based on the statistical data provided, India is not lagging in imports.

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What is the importance of importing and exporting arms for a country?

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Which country in the world is the world's largest seller of weapons arms?

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Discuss the arms act of India? Who introduced the arms act in India?

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