Sunday, April 7, 2019

China & Russia Selling Arms in MidEast

By Micah Halpern
I've Been Thinking:

China and Russia are moving to encroach on the US in the arms market in the Middle East.

The United States has always dominated the Middle East arms market and now that is changing. Both Russia and China and pitching to Saudi Arabia, The United Arab Emirates and Qatar.

To get a sense of just how lucrative and enormous this market it, in 2018 Saudi Arabia bought $7.7 billion of weapons from the US.

The US is losing market share in the Middle East. Russia and China are all too aware of that fact. The US is no longer the most influential force in the region. China and Russia are laughing, as the saying goes, all the way to the bank.

Micah@MicahHalpern.com 

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