AGL 38.00 Increased By ▲ 0.01 (0.03%)
AIRLINK 210.38 Decreased By ▼ -5.15 (-2.39%)
BOP 9.48 Decreased By ▼ -0.32 (-3.27%)
CNERGY 6.48 Decreased By ▼ -0.31 (-4.57%)
DCL 8.96 Decreased By ▼ -0.21 (-2.29%)
DFML 38.37 Decreased By ▼ -0.59 (-1.51%)
DGKC 96.92 Decreased By ▼ -3.33 (-3.32%)
FCCL 36.40 Decreased By ▼ -0.30 (-0.82%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 14.95 Increased By ▲ 0.46 (3.17%)
HUBC 130.69 Decreased By ▼ -3.44 (-2.56%)
HUMNL 13.29 Decreased By ▼ -0.34 (-2.49%)
KEL 5.50 Decreased By ▼ -0.19 (-3.34%)
KOSM 6.93 Decreased By ▼ -0.39 (-5.33%)
MLCF 44.78 Decreased By ▼ -1.09 (-2.38%)
NBP 59.07 Decreased By ▼ -2.21 (-3.61%)
OGDC 230.13 Decreased By ▼ -2.46 (-1.06%)
PAEL 39.29 Decreased By ▼ -1.44 (-3.54%)
PIBTL 8.31 Decreased By ▼ -0.27 (-3.15%)
PPL 200.35 Decreased By ▼ -2.99 (-1.47%)
PRL 38.88 Decreased By ▼ -1.93 (-4.73%)
PTC 26.88 Decreased By ▼ -1.43 (-5.05%)
SEARL 103.63 Decreased By ▼ -4.88 (-4.5%)
TELE 8.45 Decreased By ▼ -0.29 (-3.32%)
TOMCL 35.25 Decreased By ▼ -0.58 (-1.62%)
TPLP 13.52 Decreased By ▼ -0.32 (-2.31%)
TREET 25.01 Increased By ▲ 0.63 (2.58%)
TRG 64.12 Increased By ▲ 2.97 (4.86%)
UNITY 34.52 Decreased By ▼ -0.32 (-0.92%)
WTL 1.78 Increased By ▲ 0.06 (3.49%)
BR100 12,096 Decreased By -150 (-1.22%)
BR30 37,715 Decreased By -670.4 (-1.75%)
KSE100 112,415 Decreased By -1509.6 (-1.33%)
KSE30 35,508 Decreased By -535.7 (-1.49%)

Negotiators from around 150 countries gather in New York on Monday for a final push to hammer out a binding international treaty to end unregulated conventional arms sales, a pact that a powerful US pro-gun lobby is urging Washington to reject.
Arms control campaigners and human rights advocates say one person every minute dies world-wide as a result of armed violence, and that a treaty is needed to halt the uncontrolled flow of weapons and ammunition that they argue helps fuel wars, atrocities and rights abuses. The UN General Assembly voted in December to relaunch negotiations this week on what could become the first global treaty to regulate the world's $70 billion trade for all conventional weapons - from naval ships, tanks and attack helicopters to handguns and assault rifles - after a drafting conference in July 2012 collapsed because the United States, then Russia and China, wanted more time.
Delegates to the July conference said that Washington had wanted to push the issue past the November 2012 presidential election, though the administration of President Barack Obama denied that. The current negotiations will run through March 28.
The United States says it wants a strong treaty. But Obama is under pressure from the powerful National Rifle Association, the leading US pro-gun group, to block the pact. The group has vowed to torpedo the convention's Senate ratification if Washington backs it at the United Nations. US Secretary of State John Kerry voiced conditional support for the treaty on Friday, saying Washington was "steadfast in its commitment to achieve a strong and effective Arms Trade Treaty that helps address the adverse effects of the international arms trade on global peace and stability."
But he did not promise US support. He repeated that the United States - the world's No 1 arms manufacturer - would not accept a treaty that imposed new limits on US citizens' right to bear arms, a sensitive political issue in the United States. The NRA has dismissed suggestions that a December US school shooting massacre in Connecticut bolstered the case for a global arms pact. It has also warned that the treaty would undermine US citizens' right to own guns, a position that supporters of the treaty say is false.
The American Bar Association, an attorneys' lobbying group, last month disputed the NRA position, saying in a paper "ratification of the treaty would not infringe upon rights guaranteed by the Second Amendment." The point of the treaty is to set standards for all cross-border transfers of any type of conventional weapon - light and heavy. It also would set binding requirements for nations to review all cross-border arms contracts to ensure the munitions will not be used in human rights abuses, do not violate embargoes and are not illegally diverted.
"Syria, Mali, the Democratic Republic of the Congo and Sri Lanka are just a few recent examples where the world bore witness to the horrific human cost of a reckless global arms trade steeped in secrecy," Salil Shetty, secretary general of Amnesty International, said on Monday. The United States accounts for around 30 percent of the world's arms exports, followed by Russia with 26 percent, according to the Stockholm International Peace Research Institute. Germany and France are in third and fourth place, with China having replaced Britain as No 5, it said.

Copyright Reuters, 2013

Comments

Comments are closed.