"Venezuela Defence & Security Report 2014" Is Now Available at Fast Market Research
Historically speaking, Venezuela is an insignificant player in the world arms market. It imports nearly all its weapons, and in fact has almost no indigenous defence production capability. Venezuela's marked dependence on weapons imports has traditionally been somewhat offset by the diverse suppliers from which the country purchases its arms. The country still suffers from a US embargo of arms deals from 2006. As an important oil-exporting economy Venezuela retains substantial resilience despite recent economic mismanagement and heightened political risk....
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