... confrontation and to build up their defense capabilities, both in quantity and quality, in order to protect their national interests.
Asia-Pacific Parabellum
By the beginning of the 21st century, the Asia-Pacific region has become the largest regional buyer of arms and military equipment, surpassing even the traditionally "hot" Middle East. The consequences of the recent economic crisis have had almost no effect on the volume of trade in this sector. Political considerations are compelling regional ...
The Future of the Illicit Arms Trade
Thirty years ago, the idea of an “illicit arms trade” did not hold much meaning for international lawyers. In fact, very little law existed to regulate international arms transfers. Each country exported weapons according to its ...
... 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 ...
