UN treaty proposal to regulate global arms trade

AP News
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Posted: Jul 24, 2012 8:45 PM
UN treaty proposal to regulate global arms trade

UNITED NATIONS (AP) — The first draft of a new U.N. treaty to regulate the multibillion-dollar global arms trade sparked criticism from campaigners seeking to keep illegal weapons from fighters and terrorists — and demands for changes before Friday's deadline for action.

Peter Herby of the International Committee of the Red Cross said there are "major loopholes" in the draft and he warned that if it's adopted there's a very high risk the treaty would continue the status quo and allow countries to continue doing what they're doing now.

But the Washington-based Arms Control Association and Amnesty International USA said that with a few key fixes the treaty could reduce the impact of the illicit arms trade.

The General Assembly voted in December 2006 to work toward a treaty regulating the arms trade.