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China to join UN arms trade treaty
Why it is in news?
- China announced that it will join a global pact to regulate arms sales and that it is committed to efforts to “enhance peace and stability” in the world.
- It comes after U.S. President Donald Trump announced plans last year to pull the U.S. out of the agreement — which entered into force in 2014.
About UN Arms Trade Treaty:
- It establishes common standards for the international trade of conventional weapons and seeks to reduce the illicit arms trade.
- The treaty aims to reduce human suffering caused by illegal and irresponsible arms transfers, improve regional security and stability, as well as to promote accountability and transparency by state parties concerning transfers of conventional arms.
- The ATT does not place restrictions on the types or quantities of arms that may be bought, sold, or possessed by states. It also does not impact a state’s domestic gun control laws or other firearm ownership policies.