multibillion-dollar global arms trade -the world's largest arms dealer — will sign is critical?, key arms exporters have given no indication yet !

multibillion-dollar global arms trade -the world's largest arms dealer — will sign is critical?, key arms exporters  have given no indication yet !


key arms exporters including Russia and China and major importers including India, Saudi Arabia, Indonesia and Egypt abstained and have given no indication yet .

More than 65 countries have signed the landmark treaty regulating the multibillion-dollar global arms trade and the United States announced it will sign soon, giving a strong kickoff to the first major international campaign to stem the illicit trade in weapons that fuel conflicts and extremists.

The announcement on Monday by U.S. Secretary of State John Kerry that the U.S. — the world's largest arms dealer — will sign is critical, but the treaty's ultimate strength rests on support by all major arms exporters and importers. While the treaty was overwhelmingly approved on April 2 by the U.N. General Assembly.

Signatures are the first step to ratification, and the treaty will only take effect after 50 countries ratify it.

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