Venezuela has announced plans to increase its total amount of arms imports from Russia and China in the coming years, Russian network Sputnik reports. Venezuela is already the largest weapons importer in South America. According to the Stockholm International Peace Research Institute, Venezuela imported $349 million worth of arms from China and $1.96 billion worth of arms from Russia between 2010 and 2014. In 2013 alone, Caracas imported $1 billion worth of military equipment from Moscow. Between 2012 and 2015, Venezuela is expected to become the world’s second largest importer of Russian weapons, Sputnik reports citing the Centre …read more
Source: Business Insider
