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

Brazzil Magazine covers

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:

You May Also Like

Brazzil Magazine covers

Obama’s Brazilian Plan: Share Green Technology and Protect the Amazon

As Election Day draws near, presidential candidates John McCain and Barack Obama repeatedly have ...

Brazzil Magazine covers

67% of Brazilians Never Surfed the Internet, 54% Never Used a Computer

A study prepared by the Brazilian Internet Steering Committee released yesterday, November 8. shows ...

Brazzil Magazine covers

Brazil Expecting 3,000 Importers from 100 Countries at Francal Shoe Fair

Brazil’s International Trade Fair of Shoes, Fashion Accessories, Machinery and Components (Francal) president, Abdala Jamil ...

Brazzil Magazine covers

Drought Leads Brazil to Increase Bolivian Gas Imports to Maximum Capacity

Persistent drought in the South is forcing Brazil to increase the amount of natural ...

Brazzil Magazine covers

Gathered in Brazil, World Is Still Far from Accord on Genetic Resources

The first step has been taken, in Brazil, towards a future international system to ...

Brazzil Magazine covers

The Death of the Monroe Doctrine. America Is Now for Russians, Chinese…

No one is arguing that Latin America and the Caribbean have become a priority ...