The Wassenaar Arrangement on Export Controls for Conventional Arms and Dual-Use Goods and Technologies was established in 1995, replacing a previous export control mechanism (The Coordinating Committee on Multilateral Strategic Export Controls). The Wassenaar Arrangement promotes transparency, exchanges of views and information, and greater responsibility in transfers of conventional arms and dual-use goods and technologies with military applications. Participating States undertake to ensure that exports of these items do not contribute to the development or enhancement of military capabilities which undermine international and regional security and stability. Representatives of Participating States meet regularly in Vienna where the Wassenaar Arrangement's Secretariat is located.
Items controlled by the Wassenaar Arrangement are organised into two lists: a munitions list; and a dual-use goods and technology list. The dual-use goods and technology list is further divided into a Sensitive List, and a Very Sensitive List of items that are subject to more stringent monitoring.