In: Economics
Explain why some countries end up being in the business of illegal arms trades. What would need to be done to stop these illegal arms trades?
Illegal Arms’ Trade also referred to as Arms Trafficking or Gun Running, involves smuggling of contraband weapons and/or munitions. A number of issues of significance pertaining to the illegal arms trade are :
Action Taken
Significant measures to stop the illegal arms trade have already been taken by the United Nations and certain countries. Some of the noteworthy treaties / protocols are:-
• The ‘Arms Trade Treaty’ that regulates the international trade in conventional weapons, entered into force on 24 Dec 2014.
• ‘Firearms Protocol’, the United Nations Protocol against illegal manufacturing of and trafficking in firearms, their parts and ammunitio
Suggested Way Forward
As the illegal arms trade is still continuing in a big way, certain additional measures are recommended as under:-
• Collection of accurate information, processing and in-depth analysis would assist in deeper understanding of various nuances relating to illegal arms trade and formulation of plans to deal with the menace.
• The illegal arms trade, drug and wildlife trafficking have to
be dealt with as a single issue and no ..