UK’s arms sales cut impacts Argentina?

As tensions over the disputed Malvinas islands continue to heat up and Britain continues to refuse to sit at the table of negotiations, British Business Secretary Vince Cable has announced that no export licenses would be granted for sales of military goods or items that have a dual civilian-military purpose to Argentina.

“In future no licences shall be granted for any military or dual-use goods and technology being supplied to military armed users in Argentina, except in exceptional circumstances,” warned Cable.

However, Cable’s warning comes as official figures show Britain’s military exports to Argentina forms a very insignificant part of the country’s military spending, nearly 1/260th of Argentina’s annual military spending.

The Campaign Against Arms Trade, a British anti-arms trade campaign group, revealed that Britain has sold £22,580,032 ($36,550,113) worth of military equipment to Argentina since 2008 which means Argentina has spent an annual sum of $12,183,371 on military exports from Britain.

Meanwhile, the Stockholm International Peace Research Institute (SIPRI) military expenditure database shows Argentina’s military spending stood at $3,167,000,000 in 2011. A simple calculation shows that Britain’s military exports to Argentina constitute almost 1/260th of the country’s annual military spending.

This shows Britain’s decision to issue no licenses for military exports to Argentina is another empty threat as it is urged by the international community to engage in negotiations with Argentina over the Malvinas islands.

ISH/GHN/HE

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