![]() ![]() More Detail Message the Moderators Submission RulesĮxplain the reasoning behind your view, not just what that view is (500+ characters required). Washington has warned that countries trading with Russia's defense and intelligence sectors would face automatic sanctions under a sweeping law known as Countering America’s Adversaries Through Sanctions Act (CAATSA).Submit a CMV post Deltas from Popular Topics Search CMV What is /r/changemyview?Ī place to post an opinion you accept may be flawed, in an effort to understand other perspectives on the issue.Įnter with a mindset for conversation, not debate. According to Fomin, some 50 countries purchased Russian arms and military equipment last year. In the past year, China has surpassed Russia to become the world’s second-largest arms exporter, the Nezavisimaya Gazeta newspaper reported, citing SIPRI’s research.ĭeputy Defense Minister Alexander Fomin last month told Interfax that Moscow’s weapons sales totaled $15 billion in 2019. “This is the highest level of spending since the 2008 global financial crisis and probably represents a peak in expenditure,” SIPRI researcher Dr. NATO’s total military spending reached $1.035 trillion in 2019, SIPRI said.Īccording to SIPRI, global defense spending was 7.2% higher in 2019 than in 2010, reflecting accelerated growth in military spending in recent years. The think tank linked Germany’s move to “the perception of an increased threat from Russia” shared by its fellow NATO member states. Germany, Europe’s leading defense spender, increased its military budget by 10% in 2019, marking “the largest increase in spending among the top 15 military spenders” last year, SIPRI said. “At 3.9% of its GDP, Russia’s military spending burden was among the highest in Europe in 2019,” SIPRI quoted its researcher Alexandra Kuimova as saying. Russia now ranks fourth in the world for defense spending, with $65.1 billion in expenditures in 2019 compared to $61.4 billion the previous year.
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