|Formation:||12th July 1996 (Wassenaar).|
|Organization Type:||Export control regime|
|Purpose:||To control dual-use goods and technologies to prevent destabilizing accumulations.|
The Wassenaar Arrangement is a voluntary export control regime whose members exchange information on transfers of conventional weapons and dual-use goods and technologies to prevent destabilizing accumulations. It is the successor to the cold war-era coordinating committee for multilateral export controls.
The Wassenaar Arrangement was formally established on 12th July 1996 in Wassenaar, the Netherlands.
Currently, the Wassenaar Arrangement has 42 member states. India is the latest member who joined this group on 7th December 2017.
|South Africa||South Korea|
The Main objective of the Wassenaar Arrangement is to promote greater responsibility among its members in the export of weapons, dual-use goods, and technologies.
A Secretariat for administering the agreement is located in Vienna, Austria.
India became the 42nd member of the Wassenaar Arrangement on December 7, 2017.