Drivers of international arms trade

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 · The international arms trade is booming, with America the major driver of its growth, according to a new report from the Stockholm International Peace Research Institute (SIPRI). SIPRI researchers.  · Management International Business Management Introduction to International Business Drivers of International Business. The production of goods and services has increased around the world due to a number of factors, particularly globalization. Many companies have gone beyond their national borders to have operations, even in remote Missing: international arms trade.  · The international arms trade predominantly consists of developed countries selling to developing states. Since the Cold War, the five biggest suppliers have been the United States, Russia, Germany, France, and the UK. China, which overtook the UK as the number five supplier of arms in , is the lone www.doorway.ruted Reading Time: 8 mins.

The Arms Trade Treaty, however, limits itself to weaponry and ammunition. The players in the arms trade include governments, private companies, gunrunners, rebel movements, and terrorists. Source: SIPRI. The international arms trade predominantly consists of developed countries selling to developing states. The arms trade is a major cause of human rights abuses. Some governments spend more on military expenditure than on social development, communications infrastructure and health combined. While every nation has the right and the need to ensure its security, in these changing times, arms requirements and procurements may need to change too. The international traffic in arms consists mainly of arms sales between governments or between government controlled firms and other governments. The traffic facilitates arms races in certain regions or between blocs. The supply of arms to an area of potential conflict is a destabilizing factor which increases the risk of conflict.

Now that the Arms Trade Treaty (ATT) has become international law, Saferworld is working to ensure progressive interpretation and full implementation of the. Yet incredibly, the international arms trade is poorly regulated and Union and UNIDIR during have also proven important in driving momentum. Major drivers for the growth in arms sales of the Top include international tensions and armed conflict on the demand side and the implementation of.