German arms exports rise

1st December 2004, Comments 0 comments

1 December 2004, BERLIN - German arms exports rose last year and were worth a total of EUR 4.9 billion, the government said on Wednesday in its annual arms sales report. The increase in military exports over the EUR 3.3 billion figure for 2002 was due to sales of naval vessels to Malaysia and South Africa, said the report. About 67 percent of all hardware sold in 2003 went to European Union and NATO countries or to states which Germany ranks as being politically equal to its NATO allies, the report said. U

1 December 2004

BERLIN - German arms exports rose last year and were worth a total of EUR 4.9 billion, the government said on Wednesday in its annual arms sales report.

The increase in military exports over the EUR 3.3 billion figure for 2002 was due to sales of naval vessels to Malaysia and South Africa, said the report.

About 67 percent of all hardware sold in 2003 went to European Union and NATO countries or to states which Germany ranks as being politically equal to its NATO allies, the report said.

Under German law arms export cannot go to crisis regions.

DPA

Subject: German news

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