German arms sales year record to the six contries of the GCC Gulf Cooperation Council 0808132

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Defence & Security News - Germany

 
 
Thursday, August 8, 2013 10:26 AM
 
German arms sales year record to the six contries of the GCC Gulf Cooperation Council.
German arms sales to the six countries of the Gulf Cooperation Council (GCC) are set to top last year's record of 1.42 billion euros (1.89 billion U.S. dollars) judging from the booming sales in the first six months, local media reported Wednesday, August 7, 2013.
     
German arms sales to the six countries of the Gulf Cooperation Council (GCC) are set to top last year's record of 1.42 billion euros (1.89 billion U.S. dollars) judging from the booming sales in the first six months, local media reported Wednesday, August 7, 2013.
Qatar has ordered to Germany 62 Leopard 2A7 main battle tank.
     

Germany has approved export of weapons worth 817 million euros to the six governments of the GCC so far this year, the Suddeutsche Zeitung reported, citing figures from the Federal Economics Ministry. It also said most of the weapon exports are destined for Qatar.

According to the figures released by the Federal Economics Ministry in response to a parliamentary enquiry, 635 million euros worth of weapons have been sold to Qatar, which reportedly bought 62 German Leopard 2A7 combat tanks and 24 howitzers PzH 2000.

In 2012, German military exports to the Gulf nations doubled from 570 million euros (758 million dollars) in 2011 to 1.42 billion euros, the paper had previously reported. The biggest buyer of German-made weapons last year was Saudi Arabia, who spent 1.24 billion euros on the import.

The other countries of the GCC are Bahrain, Kuwait, Oman, and the United Arab Emirates.

The Stockholm International Peace Research Institute (SIPRI) has revealed in a five-yearly report published earlier this year that Germany is the world's third largest arms exporter behind the United States and Russia.

 

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