The document discusses the negative impacts of the arms trade on development, peacebuilding, and human rights. It argues that an Arms Trade Treaty (ATT) could help address these issues by requiring states to establish arms control lists, assess risks of human rights abuses and diversion, report on arms trades, and improve governance and security of arms stockpiles. However, the ATT does not directly address the arms trade's impact on development. Robust implementation is needed to ensure the ATT achieves its goals of reducing armed violence and supporting development.