The global arms market is undergoing a quiet but profound transformation, and South Korea is rapidly emerging as one of its most dynamic new players. While China has long been considered Asia’s dominant exporter of military technology, Seoul’s ambitions to climb to the fourth position globally signal a shift in both industrial capacity and geopolitical influence.

In response to accusations from Moscow, Serbia has halted all weapons exports. President Aleksandar Vučić announced the suspension, stating that from now on, defense industry products will be reserved exclusively for Serbia’s own military needs.

Serbian President Aleksandar Vucic has vowed that Belgrade will not resume the export of weapons and munitions, despite facing significant pressure and threats to stage protests at defense industry facilities.

Türkiye's defense and aviation exports saw new peaks in April, the head of the country’s Defense Industries Secretariat announced Friday.

South Korea's arms industry exports may rebound this year after a slip for a second consecutive year, with its annual target set at over at least US$20 billion, officials said Saturday.

German Chancellor Olaf Scholz on Thursday backed his government's decision to resume arms exports to Israel, despite the ongoing conflict in the Gaza Strip.

German Chancellor Olaf Scholz on Wednesday promised continued military support for Israel, despite the country’s genocidal war in Gaza, which has so far claimed more than 42,200 lives and displaced over 2 million Palestinians, News.Az reports citing Anadolu agency.

Ukraine is considering lifting the ban on drone exports to increase revenues to $20 billion and strengthen domestic production for the Ukrainian Armed Forces

Israeli officials expressed disappointment on Monday over the British government's decision to suspend certain arms exports to Israel.

The UK has suspended 30 arms export licenses to Israel after a review, Foreign Secretary David Lammy announced on Monday, News.Az reports citing foreign media.