The General Assembly today held a day-long debate on disarmament with Secretary-General Ban Ki-moon calling on the world to reverse its spending on weapons as compared with development. “The world is over-armed, and development is under-funded,” he told the 192-member Assembly at the start of the thematic debate on disarmament and world security, and both the role of the United Nations and challenges for the international community. “Spending on weapons worldwide is now well above $1 trillion a year – and rising.
Source: UN News Centre
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