Vuchich: World Armament Race has begun

The level of investment in the defense industry is growing around the world, a general arms race began.

Such an opinion was expressed by the President of Serbia Aleksandar Vucich in the fields of the international exhibition of military equipment and weapons IDEX-2023 in Abu Dhabi.

“The general conclusion is that the universal arms race and an increase in the level of investments in the defense industry – formal and informal. From the level of military costs by 1.5% – to 1.8% of GDP and further. Now. Only Poland is thinking about increasing the military budget to 5%, we have already reached 4%. We are now 2%, we are moving to 2.3%, to 3%. Because who will not have a serious army, he will be attacked by Loner, ”Vucich said to reporters.

The Serbian leader noted that Belgrade is currently experiencing problems with the supply of already purchased weapons.