FINANCIAL NEWS

Sweden will not allow any arms aid to Saudi

08 Mar 2012

(MENAFN) The Swedish government said that it would prevent any state authorities from helping Saudi to establish a developed weapons plant, reported Arabian Business.

The government’s statement followed radio reports that the defense agency FOI had held talks with Saudi to help the Arab country build a plant that would make anti-tank missiles.

On the other hand, weapons sales to Saudi have already caused criticism; however, the recent report sparked a protest in Sweden which considers itself as a supporter of human rights.

It is worth noting that the Swedish governing parties intend to take necessary steps if any Swedish authorities were set to carry out a weapons factory in Saudi.

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