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Saudi on Military Spending Binge With an Eye to Iran Might

Saudi on Military Spending Binge With an Eye to Iran Might  Saudi on Military Spending Binge With an Eye to Iran Might

Saudi Arabia's relentless policy of massive military spending indicates that the kingdom is concerned about Iran's increasing power and is aware that it will not emerge victorious from any conflict, says the foreign minister.   
The Saudis claim that they are not afraid of Iran but at the same time are frantically spending huge amounts of money on arms to "buy security", Mohammad Javad Zarif said in a speech at Amirkabir University of Technology in Tehran on Tuesday, ISNA reported.  
However, they know that they will not be able to stand against the Islamic Republic as it is one of the strongest militaries in the Muslim world, he added. 
An article published by Forbes magazine in February ranked Iran as the fourth strongest military in the Middle East. Saudi Arabia, with a military budget of $76.7 billion in 2017, has the region's fifth-strongest army. 
During a visit by US President Donald Trump to Riyadh in May 2017, military deals worth nearly $110 billion were signed. 
 

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