Global defense trade reached a record breaking $65 billion in 2015. IHS forecasts that the market will increase further to $69 billion in 2016. The Middle East was the largest importing region, with $21.6 billion in deliveries of defense equipment.
Speaker Dol Prasad Aryal administered the oath to the newly-appointed HoR Secretary Prakash Adhikari amid a function at the Federal Parliament Secretariat.