The end of Iran's arms embargo may mean for some that after years of restrictions and sanctions, Iran could enter the market and purchase very advanced and state-of-the-art military equipment, or, like some countries in the West Asian region and at great expense, Iran would enter an endless competition to procure military equipment and become a destination for the world's largest arms factories.
Global trade in military equipment is currently one of the most profitable markets in the world economy, which, according to the latest statistics and information released by Stockholm International Peace Institute, has continued with an ascending growth and now makes up a substantial portion of exports from industrialized countries such as the United States, Russia, France, Germany, and China.
Our country's officials have always emphasized the peaceful nature of Iran's defense capabilities, and in practice, it has been proven that these capabilities have contributed to security and peace in the troubled region of West Asia. Through global trade, and in order to strengthen our allies, Iran can export these efficient defense products, and make a great profit from this trade besides contributing to the development of the said countries’ defense sectors.
