UN General Assembly
1977

207. Furthermore, my Government is deeply concerned at the great increase in international arms transfers. This question ought to be made the subject of a more detailed study, with a view to arriving at international agreements on the limitation of arms transfers. An important practical instrument in this connexion would be to have a United Nations register recording all such arms transfers. 208. Half a dozen of the world's military Powers are together responsible for 90 per cent of the world's arms sales. It would therefore be reasonable to expect these Powers to take the initiative in introducing a more restrictive policy. 209. We have noted with interest President Carter's recent statement on the policy of the United States as regards the sale of arms, as well as his outline of measures to be initiated to limit arms transfers. We also appreciate the President's decision to start discussions with other producers of arms on measures directed towards multilateral initiatives in this direction.