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With reference to the Wassenaar Arrangement, consider the following statements:
1. The body came into being in 1996 to succeed the Cold War-era Coordinating Committee for Multilateral Export Controls.
2. India joined the Wassenaar Arrangement in December 2017 as its 52nd participating state.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
With reference to the Wassenaar Arrangement, consider the following st...
External Affairs Ministry recently said that India will assume chairmanship of Wassenaar arrangement on 1 Jan 2023.
  • The Wassenaar Arrangement has been established in order to contribute to regional and international security and stability, by promoting transparency and greater responsibility in transfers of conventional arms and dual-use goods and technologies, thus preventing destabilising accumulations.
  • The body came into being in 1996 to succeed the Cold War-era Coordinating Committee for Multilateral Export Controls.
    • The name comes from Wassenaar, a suburb of The Hague, where the agreement to start such a multi-lateral cooperation was reached in 1995.
  • Members: 42
  • India: India joined the Wassenaar Arrangement in December 2017 as its 42nd participating state.
The Arrangement is based on five crucial principles:
  • It contributes to regional and international security and stability.
  • It promotes transparency and greater responsibility in transfers of conventional arms and dual-use goods and technologies.
  • It complements and reinforces the export control regimes for weapons of mass destruction and their delivery systems.
  • It is not directed against any state or group of states.
  • It uses export controls as a means to combat terrorism.
Hence only statement 1 is correct.
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With reference to the Wassenaar Arrangement, consider the following statements:1. The body came into being in 1996 to succeed the Cold War-era Coordinating Committee for Multilateral Export Controls.2. India joined the Wassenaar Arrangement in December 2017 as its 52nd participating state.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?
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