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Negotiators will reconvene this week to try to hammer out a landmark U.N. treaty designed to regulate the multibillion-dollar global arms trade amid objections from a bipartisan group of legislators and the most powerful gun-rights lobbying group in the U.S.

Governmental representatives will meet in New York starting Monday to try to reach consensus on the Arms Trade Treaty, which would require all countries to establish national regulations to control the transfer of conventional arms and to regulate arms brokers.