Chile Leads LatAm’s Arms Race Followed by Venezuela and Brazil

Chile is the Latinamerican country which most spends in defense, ahead of Venezuela and Brazil according to a report published in the Spanish newspaper El Pais.

Under the title of "Latinamerica is rearming", the influential Madrid newspaper ponders if, with the excuse of a renewal of obsolete military equipment, South America is not launched in an arms race?

According to figures in the article, Chile has spent US$ 2.785 billion in equipment renewal followed by Venezuela with US$ 2.2 billion and Brazil US$ 1.342 billion.

El Pais also points out that Ecuador, Chile and Colombia are the three countries, which last year spent a higher percentage of their GDPs in defense: an average 3.5% which contrasts with 1.13% for Argentina and 0.43% in Mexico.

However the big difference can be appreciated in the kind of equipment purchased.

"While Chile has opted for the most advanced technology, Venezuela has concentrated in equipment to arm a significant percentage of its civilian population.

Brazil has been spending in combat and transport means to ensure oversight and control of the Amazon basin and Argentina has purchased radars and missiles for air combat".

The Spanish newspaper stresses the differences between Chile and Venezuela, the two countries with the longest shopping list, particularly Chile that has acquired equipment non existent in the region until now.

Chile among other equipments has acquired a hundred Leopard II combat tanks from Germany; two newly built French-Spanish submarines with missile capabilities; 10 F-16 fighter bombers with medium range air to air missiles from the United States and another batch of 18 F-16 refurbished in Holland.

Venezuela’s purchases are mainly helicopters and transport aircrafts from Russia and Spain plus combat aircrafts from Brazil and 100.000 AK-103 and AK-104 assault rifles from Russia.

Finally the newspaper points out that Chile has repeatedly sustained that the country’s Defense policy is "transparent and exclusively defensive" and that its military capability "will not vary in the coming years".

Mercopress – www.mercopress.com

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Brazilian woman takes birth-control pill

Brazil Offers Free and Heavily Subsidized Birth-Control Pills and Vasectomy

Brazilian President, Luiz Inácio Lula da Silva, launched this Monday, May 28, the National ...

Brazil’s Debt Over US$ 300 bi

Brazil’s debt/GDP ratio spiked in May to 56.8 percent of GDP due to the ...

BNDES Loans US$ 219 Million for Railway Construction in Brazil

The Brazilian Development Bank (BNDES) announced today, June 6, the approval for a financing ...

Brazil Finally Admits Belo Monte Will Cost Well Over US$ 11 Billion

Brazilian Belo Monte hydroelectric power plant’s actual construction will begin in September or October. ...

Forced to Import Used Tires from Europe Brazil Appeals to WTO

Brazil continues its struggle to keep imported used tires out of the country. Representatives ...

Ao Vivo by Brazilian Antonio Adolfo and Carol Saboya

Brazil’s Antonio Adolfo and Daughter Carol Celebrate Samba-Jazz

Spiced with superb talents and an expanded palette of styles, Ao Vivo/Live is the ...

Brazil Drafts National Health System to Help Fight Child Labor

Starting today, the fight against child labor will count on the assistance of workers ...

Brazil Cuts Own Flesh to Pay Interest on Close to Half a Trillion Dollars Debt

Brazil government’s debt rose in August from US$ 430.279 billion (971.7 billion reais) to ...

Long Will Live Free Markets

Why did many Brazilian businesspeople desert Serra and back Lula? They believe that someone ...

Pure Nitroglycerine

They were practically unknown from people outside the jail system until they staged the ...