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In 2011 Member States Cooperation Council Gulf CCG will buy $68 billion armaments.


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In 2011, the Member States of Cooperation Council of Gulf (CCG), as well as Jordan, will spend at least 68 billion dollars in purchases of armaments, announced Friday the newspaper GULF News while referring to a report published by the experts of the Frost&Sullivan group. The Cooperation Council of Gulf (CCG) is composed of six States: Saudi Arabia, United Arab Emirates, Kuwait, Qatar, Bahrain and Oman. “This figure (68 billion dollars) will be increased to 80 billion dollars in 2015, and it is awaited that the military expenditure of all the countries of the Middle East will exceed in this same year the figure of 100 billion dollars, the large one of the expenditure belonging to Saudi Arabia”, reads one in the report. According to the experts of Frost&Sullivan, Saudi Arabia spent in 2009 41,2 billion dollars in purchases of armaments. Currently, the United States and Saudi Arabia prepare the signing of a contract of 60 billion dollars, bearing on the delivery in Riyadh of tens of planes and helicopters, including 84 fighting aircrafts F-15, 70 Apache helicopters, 72 helicopters Black hawk and 36 helicopters Little bird. “In the Middle East, Saudi Arabia, the United Arab Emirates and Kuwait are the champions in the field of the purchases of armaments. During years 2000-2009 the Member States of the CCG and Jordan spent nearly 493 billion dollars in purchases armaments”, concludes the report from the experts.In 2011, the Member States of Cooperation Council of Gulf (CCG), as well as Jordan, will spend at least 68 billion dollars in purchases of armaments, announced Friday the newspaper GULF News while referring to a report published by the experts of the Frost&Sullivan group.
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