Although official confirmation of the process is still to come from the paramilitary organisations and the international decommisioning body, it is understood that the UVF at least has made what has been described as a 'comprehensive and hugely significant act.'
However, a degree of controversy has surrounded the amount of weaponry put beyond use by the UDA. It is believed the organisation authorised a smaller amount of weapons after supposed demands for millions of pounds and prisoner releases were rejected by the Government.
Mr Campbell told the Sentinel: "It is important that no side deals are done between the Government and paramilitaries. It was wrong when it happened with the IRA and it would be just as wrong now. But, equally the areas where loyalist paramiltaries once recruited must become localities which families are proud to say is theirs and from where their young people help to build a better future for all.
Head of the international decommissioning body, General John de Chastelain, is expected to make a statement in the coming days with regard to the process.
It is also understood that a smaller loyalist grouping, the Red Hand Commando, has put the bulk of its weaponry beyond use.
"There was never any justification for paramilitaries in holding illegal waepons-the emergence of the Provisional IRA in 1969 led to the establishment of loyalist paramilitary groups whose existence was based on the defeat of the aims of the IRA.
"Thousands of people have lost their lives as a result of the gradual realisation by the IRA that their campaign was a failure but in working class loyalist areas, deprivation and low self esteem made breaking out of a mindset so much more difficult.
"It is imperative that political developments currently unfolding at Stormont are seen to offer the prospects of a better future for all those who live in these areas," he said.