Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-06-21-Speech-4-112"
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"en.20070621.20.4-112"2
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".
Last December, the United Nations General Assembly adopted a resolution starting the process towards the creation of an Arms Trade Treaty. The resolution enjoyed the support of 153 countries, with the USA the only UN Member State to vote against the creation of the Treaty.
According to the 2007 Annual Report of the Stockholm International Peace Research Institute – and as highlighted by our group – worldwide military spending reached USD 1 104 billion at current prices, that is to say, 3.5% up on the 2005 figure. What is more, between 1997 and 2006, the amount rose by 37%.
In the context of this very dangerous increase, incidents have occurred that illustrate how the illegal arms trade has risen dramatically. Take, for example, the alleged payment of over GBP 1 billion in bribes by BAE Systems, with the consent of the British Defence Minister, to the Saudi Prince Bandar bin Sultan.
It must also be said that the arms trade regulation will have more teeth if accompanied by a process of multilateral, reciprocal disarmament, and in particular the dismantling of vast nuclear arsenals."@en1
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