Wednesday, March 23, 2022

Shephard Media: Ukraine invasion has potential ramifications for Latin American procurement

 

"Ukraine invasion has potential ramifications for Latin American procurement"

Wilder Alejandro Sanchez

Defense Notes

Shephard Media

23 March, 2022

Originally published: https://www.shephardmedia.com/news/defence-notes/ukraine-invasion-has-potential-ramifications-for-l/

Central and South American militaries may have to reconsider their procurement habits in view of the Russian invasion of Ukraine.

The latest data from SIPRI shows a 55% reduction in arms imports by South American states between 2012–16 and 2017–21. Arms imports by states in South America in 2017–21 were at their lowest level for any five-year period in the past 50 years, according to the SIPRI figures.

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