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Arms exports began to steadily decline in the 1990s yet China engaged in $400 million worth of arms transfer agreements with Iran. Sales increased to $600 million from 1997 to 2000. On average, it is estimated that China has made $171 million per year in arms exports to Iran since 1982.
In February 2023, Iran reported that had tripled its military products exports in 2022 while its self sufficiency in military needs had reached 93%. [15] Iranian Defense Minister Mohammad Reza Ashtiani claimed in March 2024 an increase of 4 to 5 times in defense exports without specifying details.
Iran established an arms development program during the Iran–Iraq War to counter the weapons embargo imposed on it by the U.S. and its Western allies. Since 1993, Iran has manufactured its own tanks, armored personnel carriers, missiles, radars, boats, submarines, unmanned aerial vehicles, and fighter planes.
Companies from Iran, Israel, China, Russia and the United States will showcase military equipment at an arms expo in Hanoi in December, Vietnam's defence ministry said on Tuesday, a rare case of ...
Washington's sanctions on Iran already ban nearly all U.S. trade with the country, block the government's assets in the U.S. and prohibit U.S. foreign assistance and arms sales, according to the ...
BEIJING (Reuters) -China's Ministry of Commerce said on Sunday it strongly opposed a U.S. decision to add multiple Chinese entities to its export control list over Russia-related issues. The ...
The missile is a reverse engineered and upgraded variant of China's Silkworm anti-ship missile [103] Zafar: Anti-ship missile: N/A Iran: Light ASCM for IRGC navy [104] Abu Mahdi: Anti ship missile N/A Iran: Long-range ASCM [105] Ballistic missiles Tondar-69: Rocket artillery: N/A China Iran: Oghab: Rocket artillery: N/A: 1985–present China Iran
As a result, China's exports grew by an annual 5.9% last year, while imports increased just 1.1% over the same period. "The double-digit rise in December exports (led by the U.S. and ASEAN), along ...