Arms Trade Treaty (ATT) Trust Fund
Development cooperation , 07.11.2019

Arms Trade Treaty (ATT) Trust Fund

Description

Arms Trade Treaty (ATT) underlines the need to strengthen the control of arms export and to eradicate the illicit trade in conventional arms and to prevent their diversion to the illicit market, or for unauthorized end-users. ATT Voluntary Trust Fund (VTF) assists States requiring international assistance to implement the Treaty. The VTF started its functions in 2016. It has proven to be a valuable instrument in strengthening legislation, regulation and capacity building on arms export, import, transit and brokering control. The Fund also tackles the illicit trade in arms. Finland will contribute in 2019-20 an amout of 600 000 euros to VTF. The primary beneficiaries will be the governments that take part to capacity building activities. Strengthened security will on a long run benefit the whole population of the recipient country.

Funding decision  07.11.2019

600 000 €

Target region

Developing countries

Objectives monitored by OECD's Development Assistance Committee

  • Participatory development/Good governance

Field of activity

  • Reintegration and SALW control 50%
  • Civilian peace-building, conflict prevention and resolution 50%

Type of aid

Contributions to specific-purpose programmes and funds managed by international organisations (multilateral, INGO)

Funding channel

Arms Trade Treaty secretariat

Contact

pol-20

Code for the object of funding

89892238

ID

UHA2019-006844

Modified

03.12.2019