August 1, 1989
American arms sales to the Third World in 1988 rose by 66% from the year before while Soviet sales fell by 47% during the same period, the Congressional Research Service said, according to the New York Times. The newspaper said U.S. sales to the Third World previously had lagged far behind the those of the Soviet Union. U. S. sales in 1988 reached $9.2 billion compared to $9.9 billion for Moscow. U.S. and Soviet sales account for nearly two-thirds of all arms sales to developing countries.