India thanks 41 members of Wassenaar arrangement for granting membership
India has thanked the Wassenaar arrangement, that controls the global trade of conventional weapons and dual-use goods and technologies
New Delhi: India has thanked the Wassenaar arrangement, that controls the global trade of conventional weapons and dual-use goods and technologies, for making it its 42nd member.
"India has been admitted as a member of Wassenaar arrangement in the Wassenaar arrangement Plenary held in Vienna. We thank all the 41 Wassenaar Arrangement member states for their support," external affairs minister Sushma Swaraj tweeted late on Friday night.
India has been admitted as a member of Wassenaar Arrangement in the Wassenaar Arrangement Plenary held in Vienna. We thank all the 41 Wassenaar Arrangement member states for their support.
— Sushma Swaraj (@SushmaSwaraj) December 8, 2017
"This is the second diplomatic success for India for the membership of export control regimes. We became a member of MTCR (Misile Technology Control Regime) in June 2016," she said
The Wassenaar arrangement was 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 aim is also to prevent the acquisition of these items by terrorists.
Participating states seek, through their national policies, to ensure that transfers of these items do not contribute to the development or enhancement of military capabilities which undermine these goals, and are not diverted to support such capabilities.
External affairs ministry spokesperson Raveesh Kumar said in his weekly media briefing here on Friday that the plenary meeting of the Wassenaar Arrangement held on 6-7 December , 2017, in Vienna, Austria, has decided to admit India.
"The necessary procedural arrangements for India's admission will be completed shortly," he stated.
The self-ruled island nation is seeking to diversify its investments under a new foreign policy billed as "New Southbound Policy" that seeks to engage more closely with 18 Asia-Pacific countries, including India.
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