Consider the following statements with respect to the Wassenaar Arrangement:

India became its member in 2017.

It is a voluntary export control regime.

It has nearly universal membership.

Which of the statements given above is/are correct?

Question

The Wassenaar Arrangement is a voluntary export control regime. The Arrangement, formally established in July 1996,has 42 members who exchange information on transfers of conventional weapons and dual-use goods and technologies.
Dual-use refers to the ability of a good or technology to be used for multiple purposes - usually peaceful and military.
Wassenaar Arrangement’s Secretariat is in Vienna, Austria.
Participating States are required to report their arms transfers and transfers/denials of certain dual-use goods and technologies to destinations outside the Arrangement on a six-monthly basis.
India became a member of the Arrangement in 2017.

GKToday Admin · Accepted Answer

Only 1 & 2

The Wassenaar Arrangement is a voluntary export control regime. The Arrangement, formally established in July 1996,has 42 members who exchange information on transfers of conventional weapons and dual-use goods and technologies.
Dual-use refers to the ability of a good or technology to be used for multiple purposes - usually peaceful and military.
Wassenaar Arrangement’s Secretariat is in Vienna, Austria.
Participating States are required to report their arms transfers and transfers/denials of certain dual-use goods and technologies to destinations outside the Arrangement on a six-monthly basis.
India became a member of the Arrangement in 2017.

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