European arms exports hit record high in 2023

BRUSSELS, 24th December, 2024 (WAM) -- European arms exports reached a record high in 2023, with European Union (EU) member states issuing export licences worth a total of over 300 billion, marking a 70 percent increase compared to 2022.

According to the latest report published by the EU in Brussels, France ranked as the largest arms exporter within the bloc, accounting for more than 235 billion, approximately 75