Oxfam Says Arms Trade Is 'Paralyzing' Development -- Voice of AmericaLONDON - The “poorly regulated” global arms market is “paralyzing” development, according to a report by the Britain-based aid group Oxfam. The report was timed for release before international negotiations on the global arms trade begin next month in New York.
"The impacts of the unregulated arms trade are profoundly felt in development terms," said Deepayan Basu Ray, a policy advisor for Oxfam on the arms trade. "Most fragile and conflict-affected states are spending very heavily on their military and this is often the case triple that of the regular expenditure on health or education."
He says average military expenditure in fragile and conflict-affected states rose by about 15 percent between 2009 and 2010.
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My Comment: Development can never occur is a region experiencing war and conflict .... and trying to regulate the arms trade is not going to change that.
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