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Germany Halts Arms Sales to Saudi Arabia

January 27, 2015 By Richard C. Young

German Chancellor Angela Merkel

Deutsche Welle breaks news that Angela Merkel has decided that a recent vote by 78% of Germans to stop arms sales to Saudi Arabia was enough to convince her. Arms sales to Saudi Arabia will be halted. DW reported that Saudi Arabia paid Germany $400 million for weapons in 2013.

From DW:

Germany’s national security council, a government body headed by Chancellor Angela Merkel and made up of ministers from seven ministries, has decided to halt arms exports to Saudi Arabia due to “instability in the region,” the mass-market Bild am Sonntag reported Sunday, adding that the information has not been officially confirmed.

According to the newspaper, orders of weapons from Saudi Arabia have either been “rejected, pure and simple” or deferred until further notice.

The kingdom is “one of the most important clients of Germany’s arms industry,” the newspaper said, noting that it paid German weapons manufacturers 360 million euros ($400 million) in 2013. But the government has decided “the situation in the region is too unstable to ship there.”

A survey conducted by Bild found that 78 percent of Germans support Berlin stopping arms deliveries to Saudi Arabia and 60 percent believe Germany should break off trade ties with the country all together due to human rights violations.

Saudi Arabia is home to the holiest sites in Islam, and thus plays a key role as spiritual leader for Sunni Muslims and as a mediator in the region. Its importance was clear on Saturday, when world leaders, including former German President Christian Wulff, converged on Riyadh to give their condolences for the death of King Abdullah. However, the kingdom has come under fire from human rights groups for its harsh stance on religious minorities and the rights of women, as well as its draconian legal system.

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Richard C. Young
Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
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