UN Adopts Landmark Arms Treaty To Regulate Multibillion-Dollar Global Weapons Trade

HUFFINGTON POST:   The U.N. General Assembly overwhelmingly approved the first international treaty regulating the multibillion-dollar global arms trade Tuesday, capping a more than decade-long campaign to keep weapons from falling into the hands of terrorists, insurgents, organized crime figures and human rights violators.

The resolution was approved by a vote of 154 to 3 with 23 abstentions. As the numbers appeared on the electronic board, loud cheers filled the assembly chamber.

“This is an historic day and a major achievement for the United Nations,” said British Foreign Secretary William Hague, whose country helped spearhead the campaign. “The world wanted this treaty and would not be thwarted by the few who sought to prevent the introduction of robust, effective and legally binding controls on the international trade in weapons.” … (more)

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