The Asia-Pacific Region Arms Market

... development of the armed forces. Virtually all countries in the region have been increasing their military spending in recent years, and this trend continued even during the peak of the global economic crisis. This makes APR countries an attractive market for arms suppliers. The continued growth in military spending and volume of arms imports into the region poses the question: does the development and technical re-equipment of the armed forces of APR countries strengthen stability in the region or is it a ...