As long overdue negotiations on an Arms Trade Treaty (ATT) begin in early July under UN auspices, central to that discussion, by virtue of its international supremacy, will be the US export of arms that has facilitated the extensive sale of weapons around the planet. With only 19 out of 195 sovereign nations of the world with no military budget, the ATT conference will attempt to establish international standards for the $55 billion a year industry for the import, export and transfer of all conventional (small arms) weapons.
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Initially suggested by a group of Nobel Peace Prize laureates in 2003, the UN General Assembly adopted Resolution 61/89 to establish an ATT working group with 153 nations in support, 19 nations abstained (including China, Russia and Israel) and one nation voted in opposition -- that one nation was the United States. In 2009, the Obama Administration reversed the US position with the caveat that all decisions at the conference be unanimous thereby providing one country with the ability to veto the Treaty.

As the ATT moves toward multilateral consideration in July, significant opposition to the Treaty has surfaced in the Senate with its 'advise and consent' authority on treaties. Sen. Jerry Moran (R-Ks) sent the President a letter of opposition signed by 44 Republican Senators and Sen. Jon Tester (D- Mt) sent a similar letter along with 12 Democrats stating that "the Arms Trade Treaty must not in any way regulate the domestic manufacture, possession or sales of firearms or ammunition."

http://www.huffingtonpost.com/renee-parsons/the-export-of-weapons-pas_b_1540165.html