Published September 21,2023
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Türkiye‘s achievements within the protection trade have garnered worldwide consideration, with London-based The Economist journal highlighting the nation’s rising function in arms exports.
The journal’s evaluation described Türkiye as a major participant within the arms market, inflicting challenges for developed international locations. Türkiye’s place as a number one arms exporter amongst creating nations and its growing autonomy in arms manufacturing have been highlighted.
The article, titled “Meet the world’s new weapons manufacturers,” delved into Türkiye’s arms agreements with Gulf international locations, the success of domestically produced UAVs (Unmanned Aerial Vehicles), and the modernization of Turkish submarines.
It additionally emphasised that rising arms producers like Türkiye are capitalizing on altering geopolitics and providing aggressive costs within the international arms market.
The evaluation referred to the Stockholm International Peace Research Institute (SIPRI) report for 2022, which indicated that Türkiye’s arms exports had risen by 69 p.c within the 2018-2022 interval in comparison with the earlier 5 years, doubling its share within the international arms market.
Furthermore, The Economist famous that Türkiye has set a goal of reaching $6 billion in arms exports by 2023, underscoring the nation’s ambitions and capabilities within the protection trade.
Source: www.anews.com.tr