AGL 38.00 No Change ▼ 0.00 (0%)
AIRLINK 215.50 Increased By ▲ 5.12 (2.43%)
BOP 9.37 Decreased By ▼ -0.11 (-1.16%)
CNERGY 6.32 Decreased By ▼ -0.16 (-2.47%)
DCL 8.84 Decreased By ▼ -0.12 (-1.34%)
DFML 42.21 Increased By ▲ 3.84 (10.01%)
DGKC 94.19 Decreased By ▼ -2.73 (-2.82%)
FCCL 35.20 Decreased By ▼ -1.20 (-3.3%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 16.45 Increased By ▲ 1.50 (10.03%)
HUBC 127.13 Decreased By ▼ -3.56 (-2.72%)
HUMNL 13.50 Increased By ▲ 0.21 (1.58%)
KEL 5.31 Decreased By ▼ -0.19 (-3.45%)
KOSM 6.97 Increased By ▲ 0.04 (0.58%)
MLCF 43.00 Decreased By ▼ -1.78 (-3.97%)
NBP 58.96 Decreased By ▼ -0.11 (-0.19%)
OGDC 217.99 Decreased By ▼ -12.14 (-5.28%)
PAEL 39.39 Increased By ▲ 0.10 (0.25%)
PIBTL 8.25 Decreased By ▼ -0.06 (-0.72%)
PPL 190.50 Decreased By ▼ -9.85 (-4.92%)
PRL 37.85 Decreased By ▼ -1.03 (-2.65%)
PTC 26.30 Decreased By ▼ -0.58 (-2.16%)
SEARL 103.60 Decreased By ▼ -0.03 (-0.03%)
TELE 8.45 No Change ▼ 0.00 (0%)
TOMCL 34.75 Decreased By ▼ -0.50 (-1.42%)
TPLP 12.98 Decreased By ▼ -0.54 (-3.99%)
TREET 25.50 Increased By ▲ 0.49 (1.96%)
TRG 70.53 Increased By ▲ 6.41 (10%)
UNITY 33.37 Decreased By ▼ -1.15 (-3.33%)
WTL 1.72 Decreased By ▼ -0.06 (-3.37%)
BR100 11,881 Decreased By -216 (-1.79%)
BR30 36,807 Decreased By -908.3 (-2.41%)
KSE100 110,423 Decreased By -1991.5 (-1.77%)
KSE30 34,778 Decreased By -730.1 (-2.06%)

imageUNITED NATIONS: The 193-nation UN General Assembly overwhelmingly approved on Tuesday the first treaty on global arms trade that seeks to regulate the $70 billion international business in conventional arms, ranging from light weapons to battle tanks and warships.

There were 155 votes in favor, 3 against and 22 abstentions. That figure was revised to correct Angola's yes vote, which had initially been registered as an abstention, UN officials said.

Iran, Syria and North Korea last week prevented a treaty-drafting conference at UN headquarters from reaching the required consensus to adopt the treaty. That left delegations that support it no choice but to turn to a General Assembly vote to adopt it.

The Iranian, Syrian and North Korean delegations cast the sole votes against the treaty on Tuesday.

Iran, which is under a UN arms embargo over its nuclear program, is eager to ensure its arms imports and exports are not curtailed, diplomats said. Syria's government is embroiled in a two-year civil war and relies on Russian and Iranian weapons, they added.

North Korea is also under a UN arms embargo due to its nuclear weapons and missile programs.

The treaty will be open for signature on June 3 and will enter into force 90 days after the 50th signatory ratifies it. Mexican UN Ambassador Luis Alfonso de Alba told reporters it normally takes two to three years for a treaty to come into force, though he said he hoped it would happen sooner in this case.

Major arms producers China and Russia joined Cuba, Venezuela, Bolivia, Nicaragua and other countries in abstaining. A number of countries, led by India, which also abstained, complained the treaty favored exporting over importing states.

The United States, the world's No. 1 arms exporter, voted in favor of the treaty despite fierce opposition from the National Rifle Association, a powerful US pro-gun lobbying group.

US Secretary of State John Kerry said in a statement that the UN adopted "a strong, effective and implementable Arms Trade Treaty that can strengthen global security while protecting the sovereign right of states to conduct legitimate arms trade."

"Nothing in this treaty could ever infringe on the rights of American citizens under our domestic law or the Constitution, including the Second Amendment," he added, referring to the US constitutional amendment that guarantees the right to bear arms.

The NRA opposes the treaty and has vowed to fight to prevent its ratification by the US Senate when it reaches Washington. The NRA says the treaty will undermine domestic gun rights, a view the US government has strongly rejected.

NRA FAILURE?

Syrian UN Ambassador Bashar Ja'afari repeated that his government opposes the arms trade treaty because it does not ban the sale of weapons to non-state actors and "terrorists" like those allegedly active in Syria. The civil war there has claimed at least 70,000 lives, according to UN estimates.

Syria routinely refers to rebels trying to oust President Bashar al-Assad as "terrorists" backed by foreign governments.

The treaty does not ban transfers to armed groups, but says all arms transfers should be subjected to rigorous risk and human rights assessments first.

British Prime Minister David Cameron hailed the vote as a "landmark agreement that will save lives and ease the immense human suffering caused by armed conflict around the world."

Mexico issued a statement on behalf of 98 UN member states saying, "an effective implementation of this treaty will make a real difference for the people of the world."

UN member states began meeting on March 18 in a final push to end years of discussions and hammer out a binding international treaty to end the lack of regulation over cross-border conventional arms sales.

Arms control activists and rights groups have said a treaty was needed to halt the uncontrolled flow of arms and ammunition that they say fuels wars, atrocities and rights abuses.

The Arms Trade Treaty aims to set standards for all cross-border transfers of conventional weapons. It also would create binding requirements for states to review all cross-border arms contracts to ensure that arms will not be used in human rights abuses, terrorism or violations of humanitarian law.

"The agreement of the Arms Trade Treaty sends a clear message to arms dealers who supply warlords and dictators that their time is up," said Anna Macdonald of the global development group Oxfam. "They will no longer be able to operate and arm themselves with impunity."

Amnesty International's Frank Jannuzi said the NRA, which claimed credit last year for persuading the United States to block the treaty in July 2012, failed this time.

The main reason the arms trade talks took place at all is that the United States, the world's biggest arms trader, reversed US policy on the issue after President Barack Obama was first elected and decided in 2009 to support a treaty.

<Center><b><i>Copyright Reuters, 2013</b></i><br></center>

Comments

Comments are closed.