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Tue 03 Mar 2010Germany now world's third-largest arms dealer
THE VALUE of Germany’s weapons exports has doubled in the last five years, according to a new study, making it the world’s third-largest arms dealer after the US and Russia.
Despite the worldwide economic slump, the arms industry is experiencing a boom, said the Stockholm International Peace Research Institute (Sipri), with a 22 per cent increase in sales in 2005-2009 compared to the previous five-year period reviewed.
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