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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: NKorean arms exports rose to 100 million dlrs last year: report AFP - 2 hours 32 minutes ago SEOUL (AFP) - - Exports of North Korean missiles and other weapons rose in value to about 100 million dollars last year mainly due to tensions in the Middle East, a South Korean newspaper reported Monday. The hardline communist country saw a sharp drop in weapons exports in 2007 because of international sanctions imposed after it tested missiles and an atom bomb in 2006. Last year the value of its overseas arms sales rose to about 100 million dollars or more than 10 percent of total exports, the Dong-a Ilbo newspaper said. It quoted an unidentified Seoul government official as saying progress in six-party nuclear disarmament talks last year helped North Korea sell more weapons. The paper said purchasers felt less political burden in buying such weapons because the talks had made some headway. The Middle East, Africa, Southeast Asia and Latin America were said to be export destinations. "Middle East countries are known to have purchased a large amount of weapons from North Korea due to a military confrontation with Israel," the official was quoted as saying. North Korea has allegedly supplied missiles to Syria, and Washington said Iranian officials were present at the North's missile test-launches in 2006. The South's unification ministry and defence ministry said they could not confirm the newspaper report. The United States has accused North Korea of being a leading global proliferator of weapons. But the cash-strapped country has refused to stop missile exports, a major source of hard currency earnings. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: Business TOPWRAP 2-Rising job losses fuel global recession fearsReuters - 38 minutes ago Most China stocks rise, financials depress indexReuters - 39 minutes ago Russia allows 2nd rouble weakening in 2 daysReuters - 39 minutes ago Oil falls below $40 as investors eye US earningsAP - 39 minutes ago European stock index futures point to early dropReuters - 40 minutes ago Enlarge Photo NKorean arms exports rose to 100 million dlrs last year: report Most Popular – Business Viewed Britain's Prince Harry apologises for racist language Israeli troops push deeper into Gaza's main city Is Tintin gay? Cartoon birthday boy dogged by rumours Swiss bank set to announce record loss: report Kate Winslet wins Golden Globe supporting actress View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular

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