Tuesday, April 2, 2013

UN adopts pact to regulate multibillion-dollar global arms trade | Fox News

UN adopts pact to regulate multibillion-dollar global arms trade 


UN adopts pact to regulate multibillion-dollar global arms trade

Published April 02, 2013
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FoxNews.com
The U.N. General Assembly has overwhelmingly approved the first U.N. treaty regulating the multibillion-dollar international arms trade.
The resolution adopting the landmark treaty was approved by a vote of 154 to 3 with 23 abstentions.
The 193-member world body voted after Iran, North Korea and Syria blocked its adoption by consensus at a negotiating conference last Thursday. The three countries voted "no" on the resolution.
The National Rifle Association had portrayed the draft treaty as a threat to gun ownership rights enshrined in the U.S. Constitution and has lobbied to defeat the proposal at the U.N.
The NRA last week praised the Senate's passage of an amendment to the Democratic budget proposal that would prevent the U.S. from entering into the treaty.
The vote capped a more than decade-long campaign by activists and some governments to regulate the $60 billion global arms trade and try to keep illicit weapons out of the hands of terrorists, insurgent fighters and organized crime.
It will not control the domestic use of weapons in any country, but it will require countries to establish national regulations to control arms transfers.
Hopes of reaching agreement on what would be a landmark treaty were dashed last July when the U.S. said it needed more time to consider the proposed accord — a move quickly backed by Russia and China.
In December, the U.N. General Assembly decided to hold a final conference and set Thursday as the deadline for reaching agreement.
There has never been an international treaty regulating the estimated $60 billion global arms trade. For more than a decade, activists and some governments have been pushing for international rules to try to keep illicit weapons out of the hands of terrorists, insurgent fighters and organized crime.
"It's important for each and every country in the world that we have a regulation of the international arms trade," Germany's U.N. Ambassador Peter Wittig told the AP. "There are still some divergencies of views, but I trust we can overcome them."

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