Market Overview. The 2011 uprising has turned the Libyan arms market on its head. After years of isolation from multiple arms embargoes, Libya had only recently transformed into a market of opportunity for weapons suppliers, particularly Russia and some countries in Europe. The recent civil war has led to a new round of sanctions and embargoes against the Libyan government, leaving an uncertain future for the arms market there. Also, a significant portion of the Qadhafi regime's military assets has been destroyed, which will serve to reshape future market opportunities.
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