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Home Defence & Military News Defense Geopolitics News

Global Arms Industry Exploiting Major Loopholes In Arms Regulations

by Editor
October 4, 2006
in Defense Geopolitics News
1 min read
0
14
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Amnesty International,

The globalisation of the arms industry has opened up major loopholes in all current arms export regulations, allowing sales to human rights abusers and countries under arms embargoes, according to a new report by the Control Arms Campaign.

The report, Arms without Borders, is launched today as the United Nations opens its annual session on arms control, in the run up to a landmark vote at the UN to start work on an Arms Trade Treaty.

The report reveals that US, EU and Canadian companies are among those able to circumvent arms regulations by selling weapon components and subcontracting arms manufacturing overseas. The report details how weapons, including attack helicopters and combat trucks, are being assembled from foreign components and manufactured under licence in countries including China, Egypt, India, Israel and Turkey.

The report shows how these or similar weapons have ended up in destinations such as Colombia, Sudan and Uzbekistan where they have reportedly been used for the killing and displacement of civilians, highlighting the urgent need for global rules to regulate an increasingly globalised industry.

“This report reveals a litany of loopholes and destroyed lives. Arms companies are global, yet arms regulations are not, and the result is the arming of abusive regimes. Europe and North America are fast becoming the IKEA of the arms industry, supplying parts for human rights abusers to assemble at home, with the morals not included. It is time for an Arms Trade Treaty,” said Jeremy Hobbs, Director of Oxfam International.

The report exposes two major loopholes that allow arms companies to legally circumvent arms regulations, including arms embargoes:

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