UN PASSES LANDMARK ARMS TREATY
The United Nations has overwhelmingly approved (154-3 with 23 abstentions) a landmark treaty regulating trade in conventional arms. The legally-binding treaty sets international standards to regulate the import, export and transfer of conventional weaponsÑ from battletanks, warships and attack helicopters to small arms and light weapons. Major arms exporters, such as the United States and Russia, as well as major importers like China, India and Pakistan, took part in the negotiations. India along with many other countries abstained due to its concerns that existing contracts might be blocked. The pact will be open for signature and will become part of international law once 50 countries ratify it.
ICGS H-191 COMMISSIONED