amwalalghad :: United Nations Fails To Agree Landmark Arms-Trade Treaty

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United Nations Fails To Agree Landmark Arms-Trade Treaty


Published Saturday, 28 July 2012 10:29 | Written by Amwal Al Ghad

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Delegations from around the world failed on Friday to agree a landmark U.N. arms-trade treaty to regulate the more than $60 billion industry, opting for further talks and a possible U.N. General Assembly vote by the end of the year, diplomats said.

More than 170 countries have spent the past month in New York negotiating a treaty, which needed to be adopted by consensus, so any one country effectively could have vetoed a deal. Instead, no decision was taken on a draft treaty.

But this leaves the door open for further talks and a draft arms-trade treaty could be brought to the 193-nation U.N. General Assembly and adopted with a two-thirds majority vote. Diplomats said there could be a vote by the end of the year.

"We feel that we could have agreed (a treaty). It is disappointing that more time is needed. But an arms-trade treaty is coming - not today - but soon. We've taken a big step forward," said a spokesman for Britain's delegation.

Related news

One person every minute dies from armed violence around the world, and arms control activists say a convention is needed to prevent illicitly traded guns from pouring into conflict zones and fueling wars and atrocities. They cited conflicts in Syria and elsewhere as examples of why a treaty is necessary.

Reuters