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Investment in Latin America's armoured vehicle market on the rise

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Latin American countries are continuing armed forces modernisation efforts, either through new funding efforts or through external aid, as issues related to the illicit drug trade, militant terrorism and economic and social inequality fuel persistent violence. While not reaching the heights of defence expenditure seen in Eastern Europe, the Middle East or the Asia-Pacific, the continent has the unenviable reputation of having the majority of the world’s most dangerous cities. In response...

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