![]() Its predecessor, COCOM, was formed as a Cold War-era measure to implement stricter regulations on exports going to the former Soviet Union and Eastern bloc and was disbanded in 1994 before the formation of the WA. Transfers of items from the Very Sensitive List are subject to extreme discretion in licensing decisions. Members report semiannually on license denials from the Basic List and within 30-60 days of denials and semiannually on transfers from the Sensitive List. The Wassenaar Dual-Use List contains a Basic List of controlled technology, which is subdivided into a Sensitive List, and further subdivided into a Very Sensitive List. ![]() This transparency allows members to avoid destabilizing accumulations of arms and dual-use goods and technologies by any state, particularly those of concern. The goal of the information exchanges within the WA is to promote transparency, responsibility and accountability among members with regard to sensitive materials. Member states of the WA provide semiannual reports on transfers and denials to non-members of weapons in categories from the UN Register of Conventional arms and of dual-use goods from the Wassenaar Dual-Use List. It was formed in 1996 as the successor to the Cold War-era Coordinating Committee for Multilateral Export Controls (COCOM) and currently has 42 participating members. The Wassenaar Arrangement (WA) is a voluntary multilateral export control regime that provides members a space to exchange information regarding exports of sensitive conventional weapons and dual-use goods and technologies in hopes of preventing the proliferation of such items. ![]()
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