UN members eyeing arms trade treaty

AP News
Posted: Mar 04, 2011 4:18 PM

France's ambassador for disarmament says countries meeting at the U.N. are moving closer to consensus on the need for a legally binding treaty to regulate the multibillion-dollar global arms trade.

Ambassador Eric Dannon said Friday that the Arms Trade Treaty being discussed would meet two objectives: regulate the legal trade of conventional weapons by requiring countries to track arms exports and imports, and help fight illicit trade.

Representatives of the world's nations met all week on the scope of such a treaty, including which weapons it will include and whether it will also track bullets and other munitions. The next U.N. meeting leading up to a final treaty conference in mid-2012 is planned for July.