12/23/2014

Winding Down 2014: A Brief "Newsflash" on the Advent of the Global Arms Treaty

As 2014 is winding down,  the new Global Arms Treaty has gone into effect that takes aim to regulate the 85 Billion Dollar Arms Industry.    AFP reported on the top Arms Suppliers in the World along with the top buyers of Arms around the World: 

World top 5 arms exporters ( John Saeki/Adrian Leung (AFP) )

The United States has signed it--but is yet to ratify it.      How this new Treaty will change the Arms landscape around the World is an open question as 2015 is before us.

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