Thank you.
I'd like to follow up on the line of questioning of Mr. Saini.
The arms industry is a multi-billion dollar industry. There is clearly a dark side to it. That's what this treaty is attempting to address. Literally, human lives are lost because of the dark side of this industry.
When we look at the numbers involved, I think it's laudable that the fines have been increased to $250,000, but when the average deal runs in the millions of dollars, that's the equivalent, for someone brokering these sorts of deals, of getting a traffic ticket. Would it not be reasonable to have something comparable to the environmental fines issued for exceeding effluence discharges, for instance?
Human lives are very directly on the line here. With businesses on such an enormous scale, would it not make sense to have fines that are tied to the dollar amounts of the deals done? They could be for the full amount. If, for example, there is a deal worth $10 million involving small arms to a third party, then that would be the size of the fine.