More Than 65 Countries across the World Signed the Arms Trade Treaty

Jun 4, 2013 12:29 IST

Arms Trade TreatyOver 65 countries of the world signed the Arms Trade Treaty on 3 June 2013. The United States, in the meanwhile announced that it will sign the treaty in near future. The Arms Trade Treaty regulates the multibillion-dollar global arms trade. Signing the treaty will start the first crucial international campaign in order to curtail the illicit trade in weapons which results in fuel conflicts as well as extremists. The number of nations to sign the treaty is likely to increase.

The US Secretary of State John Kerry announced that US was the largest dealer of arms in the world and that it will sign the treaty soon, but the strength of the treaty was dependent on support by major arms importers and exporters.

The Arms Trade Treaty was approved by the UN General Assembly on 2 April 2013. Signing of the treaty is first step of its ratification and it will take only be effective after ratification by 50 countries.

The co-sponsors of the Arms Trade Treaty- United Kingdom, Finland, Japan, Argentina, Australia, Kenya and Costa Rica announced at a conference on 3 June 2013 that on first day, the treaty was signed by a lot of countries.  

Objective of Arms Trade Treaty

• Every minute, one person dies because of armed violence. Arms Trade Treaty is required for controlling the unrestrained flow of the arms as well as ammunition.
• The aim of this Arms Trade Treaty is to set the standards for the purpose of cross-border transfers of weapons ranging from attack helicopters to tanks.
• The treaty would create requirements for all the countries to review the cross-border contracts in order to make sure that these weapons would not be used for the illegal purposes such as organised crimes, human rights abuses, violation of humanitarian law as well as terrorism.
 
About the Arms Trade Treaty

The Arms Trade Treaty is the multilateral treaty which regulates international trade in the conventional weapons. It is estimated that the trade of international weapons has reached 70 billion US dollar on an annual basis.

The treaty was discussed at the global conference from 2 July 2012 to 27 July 2012 in New York. No agreement was reached at that time, and eventually a new conference was held on the same from 18 March 2013 to 28 March 2013.Finally, on 2 April 2013, the Arms Trade Treaty was adopted by the UN General Assembly.

Provisions of the Arms Trade Treaty

• The Arms Trade Treaty covers light weapons, attack helicopters, battle tanks, missile launchers, warships, missiles, armoured combat vehicles, small arms and large-calibre artillery systems.
• The treaty proscribes the countries that ratify the treaty from transferring conventional weapons in case these weapons promote genocide or violate the arms embargoes.
• The treaty additionally forbids export of these conventional arms in case these arms could be used in the attacks on civilian buildings or civilians.
• If a country wants to consider whether the export of arms should be authorised or not, it should evaluate the weapons on grounds of violation of human rights laws or their employment for terrorist activities or organised crimes.
• The treaty also requires all the countries for taking the measures in order to prevent diversion of the conventional weapons to illicit markets.

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Read more Current Affairs on: Arms Trade Treaty , UN Arms Trade Treaty

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