42. Consider the statements below:
1. The Australia Group is a multilateral export control regime (MECR) which controls export of conventional arms and dual-use goods and technologies.
2. The Wassenaar Arrangement is an informal group of countries to help member countries to identify those exports which need to be controlled so as not to contribute to the spread of chemical and biological weapons.
Which of the above statements is/are correct ?
d)
The Wassenaar Arrangement is a multilateral export control regime (MECR) with 41 participating states.
Objective: Export Controls for Conventional Arms and Dual-Use Goods and Technologies.
The Australia Group is an informal group of countries (now joined by the European Commission) established in 1985 (after the use of chemical weapons by Iraq in 1984) to help member countries to identify those exports which need to be controlled so as not to contribute to the spread of chemical and biological weapons.