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Though one of the least profitable illegal trades, arms trafficking made an estimated $1.7-3.5 billion in 2014, making it the 9th largest criminal market, which was valued at $1.6-2.2 trillion. [29] The AK-47 is one of the most appealing weapons in the illegal weapons trade due to its low cost and reliability. [30]
The Treaty of Versailles included firearm reducing stipulations. Article 169 targeted the state: "Within two months from the coming into force of the present Treaty, German arms, munitions, and war material, including anti-aircraft material, existing in Germany in excess of the quantities allowed, must be surrendered to the Governments of the Principal Allied and Associated Powers to be ...
The small arms trade (also called small arms proliferation [1] and the small arms market) is the markets of both authorized and illicit small arms and light weapons (SALW), as well as their parts, accessories, and ammunition.
The German government has doubled its arms exports to Ukraine this year and halved them to Israel compared to 2023, data from the economy ministry showed on Wednesday. Being the main recipient ...
Law enforcement agencies may have some 26 million small arms. [9] Non-state armed groups [c] have about 1.4 million firearms. [d] [9] Finally, gang members hold between 2 and 10 million small arms. [9] Together, the small arms arsenals of non-state armed groups and gangs have been estimated to account for, at most, 1.4% of the global total. [10]
Germany has approved the delivery of 150 IRIS-T air-to-air missiles to Saudi Arabia, a government spokesperson said on Wednesday, resuming arms exports to the kingdom banned since the killing of ...
The German Kriegswaffenkontrollgesetz (Weapons of War Control Act) controls the production, handover, sale, trade, acquisition and transport of goods, resources, and organisms that are meant for war. During the 2022 Russian invasion of Ukraine the law suddenly became very relevant, because the German policy on sending weapons is in part based ...
Arms control treaties and agreements are often seen as a way to avoid costly arms races which could prove counter-productive to national aims and future peace. [3] Some are used as ways to stop the spread of certain military technologies (such as nuclear weaponry or missile technology) in return for assurances to potential developers that they will not be victims of those technologies.