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flag Swiss arms exports drop for second year, prompting consideration of easing export rules.

flag Swiss arms exports fell for the second year in a row, dropping 5% to $754.74 million in 2024. flag The decline has prompted the government to consider easing export restrictions, especially in light of the Ukraine war. flag Despite its neutrality, Switzerland is a significant arms exporter, specializing in ammunition and armored vehicles. flag Critics worry the country's strict export rules could leave its arms industry behind due to the current European defense buildup.

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