China becomes world`s fifth largest arms exporter

China has bypassed Britain as the world`s fifth largest arms exporter, a Swedish think-tank said today.

Russia sold record $15 bn worth of arms in 2012

In 2011, Russia reported arms sales of $13.2 billion, enough to maintain its position as the world`s second-biggest arms exporter after the US.

US lawmakers approve ban on Russian arms exporter

The US Senate has approved a measure that will end the ties between the Pentagon and Rosoboronexport, Russia`s state-run arms exporter.

France world`s fourth largest arms exporter

The world arms market was a highly competitive market, dominated by a small number of exporters.