Wassenaar Arrangement

The Wassenaar Arrangement (full name: "The Wassenaar Arrangement on Export Controls for Conventional Arms and Dual-Use Goods and Technologies") is a multilateral export control regime (MECR) with 40 participating states.

It is the successor to the Cold war-era Coordinating Committee for Multilateral Export Controls (COCOM), and was established on May 12, 1996, in the Dutch town of Wassenaar, near The Hague. The Wassenaar Arrangement is considerably less strict than COCOM, focusing primarily on the transparency of national export control regimes and not granting veto power to individual members over organizational decisions. A Secretariat for administrating the agreement is located in Vienna, Austria.