After we met recently with some key NGO and United Nations personnel specializing in disarmament and development, much of the Treaty has been revised and improved. New provisions allow States Parties to enter the Treaty who have no military expenditures; permission is given to the UNDP to allocate some moneys from the Global Wellness Fund for sectional problems such as rampant disease; the language regarding criteria for certification as a Recipient State has been sharpened; a provision is made for states making Amendments to the Treaty at the Five Year Review Conferences; also, an Appendix showing projected funds released for development has been added.
The major change concerns the percentage of military expenditures that would be reduced and transferred to the Global Wellness Fund during the initial five-year period after a state signs on to the Treaty: now the scenario would be 3%, 5%, 7%, 9%, and 11%, a more graduated approach than in the previous draft.
For Further Information on this Item:
See Documents/5th Draft Treaty for details
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