Global sales of ammunition are worth more than $4 billion and are growing at a faster rate than trade in guns, yet there is virtually no regulation in place to control where the bullets end up.
According to new figures, more than $2.2 billion worth of arms and ammunition have been imported since 2000 by countries operating under arms embargoes.
More than $2.2 billion worth of arms and ammunition have been imported since 2000 by countries operating under arms embargoes, according to new figures released today by international humanitarian agency Oxfam.
New York : Campaigners today called on governments meeting at the United Nations to ensure no weapons or munitions are sold to human rights abusers. The call came as delegates meet this week to resume negotiations on a global, legally-binding Arms Trade Treaty.
Arms traffickers can too easily navigate the patchwork of national arms regulations, fuelling conflict while avoiding arrest and extradition, because of the lack of global regulation of the arms trade.
States must use every available minute to draw up a new international arms treaty that could save thousands of lives every year, NGOs from around the world said today as negotiators from 192 governments begin formal talks at the United Nations on Monday.