Latin America Countries Increasingly Involved in export of weapons

Posted on June 7, 2016 • Filed under: Latin America News, Police/Military Activity reported in Latin America are increasingly countries that want to stop being simple gun buyers to seek to be part of the controversial business of selling. In recent days, for example, Colombian media announced that a company owned by the state, Indumil, was looking to export manufactured bombs in Colombia to Middle East countries.

And with an estimated value of US $ 76,000 plus million annually, international arms trade is a huge and very lucrative business. In the Latin American context the undisputed leader of that business is Brazil. Most Latin American nation has spent decades exporting weapons.

And although it is not the only region to do so, it has advanced much more than any of its neighbors in developing its military technology in areas that are attractive to buyers weapons nations on other continents. Read Article

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