Conventional Arms Transfers to Developing Nations, 1987-1994 (CRS Report for Congress)
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| Release Date |
Aug. 4, 1995 |
| Report Number |
95-862 |
| Report Type |
Report |
| Authors |
Richard Grimmett, Foreign Affairs and National Defense Division |
| Source Agency |
Congressional Research Service |
Summary:
Developing nations continue to be the primary focus of foreign arms sales activity by weapons suppliers. During the years 1987-1994, the value of arms transfer agreements with developing nations comprised, on average, 72% of all such agreements worldwide. In 1994, the value of arms transfer agreements with developing nations constituted 71% of all arms transfer agreements worldwide. The value of all arms transfer agreements with developing nations in 1994 was $25.4 billion. This was the lowest yearly total, in real terms, for any of the years during the 1987-1994 period. It is, however, only a slight reduction (-0.2%) from 1993. The general decline in the value of new arms transfer agreements with the developing nations seen in recent years was dramatically reversed in 1990 as the result of major new arms agreements related to the Gulf War. However, in 1991 the pattern of overall decline in the value of arms transfer agreements with developing nations resumed. This pattern of decline continued in 1994. Notably, in 1994 the value of all arms deliveries to developing nations ($14.4 billion) was the lowest total for any year during the 1987-1994 period. This is the seventh consecutive year since 1987 that the value of all arms deliveries to developing nations declined from the previous year's total. The United States has been the predominant arms supplier to developing nations since the Cold War's end. During the 1991-1994 period, the United States accounted for 47.7% of the value of all arms transfer agreements with developing nations.
