Global arms treaty comes into force
December 24, 2014  12:19
A landmark treaty regulating the $85 billion global arms trade came into force on Wednesday, with UN chief Ban Ki-moon saying it will help prevent transfer of weapons to terrorists and human rights abusers and asked major arms exporters and importers to join the pact.

The Arms Trade Treaty, adopted by the UN General Assembly in April last year, is the first legally-binding multilateral agreement that prohibits nations from exporting conventional weapons to countries when they know those weapons would be used for genocide, crimes against humanity or war crimes.

As of December 23, 60 nations had ratified the treaty and 130 had signed it, indicating that they intended to ratify. India was among the 23 nations that had abstained from voting on the treaty resolution last year, saying the draft treaty annexed to the resolution is weak on terrorism and non-state actors and these concerns find no mention in the specific prohibitions of the Treaty.
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