KYIV (QHA) -

Ukraine moved up in the top-100 world arms producers rating in the year 2016 having gained 7 positions up to the 77th place with the sales of 1,06 billion dollars.

The corresponding information may be found in the analytical material of the Stockholm International Peace Research Institute.

Ukrainian company “Ukroboronprom” has increaser its sales of the weapons by 25,1% in the year 2016,” the message says.

According to analysts, this happened mainly because of the large domestic demand as a result of the ongoing conflict in the east of Ukraine, the entry of the “Antonov” aircraft manufacturer into the company, as well as the export of weapons.

At the same time, the study notes that world arms sales in 2016 grew by 1.9% compared to 2015 and by 38% compared to 2002. Among the TOP-100 companies, the share of the United States and Russia are 57.9% and 7.1% respectively.

Meanwhile, the administration of President Donald Trump fully completed the development of new rules that would lead to a reduction of the governmental red tape and regulatory spending, as well as an increase in the export of small arms in the US and the creation of new jobs in this field.

Donald Trump kept supporting this decision during the election campaign, it is also consistent with his “Buy American” program.

QHA