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Friday, March 29, 2013

India to reject global arms trade treaty

Talwer class frigate |New Delhi is set to reject a global arms trade treaty (ATT) since the agreement is heavily loaded against weapons-importing countries like India, and let exporting nations like the US and China call the shots.

The treaty, meant to regulate all transfers of conventional arms around the world, is likely to be passed by the UN General Assembly next week.

India's inability to establish an indigenous defence production industry may now become a strategic vulnerability.

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