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Israel provides 10 percent of arms exports

March 29, 2004 at 11:09 AM   |   Comments

TEL AVIV, Israel, March 29 (UPI) -- Israel's arms exports account for 10 percent of the arms exports around the world, the Defense Ministry's Director General Amos Yaron said Monday.

Yaron told Channel 1 TV that all arms exports around the world total $30 billion a year. Last year Israel's defense exports totaled $2.5 billion, a ministry official told United Press International.

Israel has very close ties with India and Turkey and some of its main clients are in Latin America. In the past three years Israel and Latin American countries concluded defense contracts worth more than $1 billion, the Defense Ministry reported.

The Director of the Defense Ministry's Foreign Assistance and Defense Export Organization, retired Maj. Gen. Yossi Ben-Hanan, said they focus on selling "phased out systems" from the Israeli army's inventory.

Israel must strive to back these sales "with training that embodies our operational experience," Ben-Hanan added.

© 2004 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
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