VOL. XL

No. 45

10-November-1997

GENERAL

Defense Spending On The Rise In The MENA Region

A recent assessment of military and defense spending in the Middle East and NorthAfrica (MENA) region by the International Institute for Strategic Studies (IISS) has shownthat the area is the third largest spender on defense after NATO countries and EastAsia/Australasia and, is once again, the largest arms market in the world. Moreover,defense budgets for 1997 reveal that defense spending in the area is...