Recently the USA decided to support Indias membership in multi-lateral export control regimes called the Australia Group and the Wassenaar Arrangements. What is the difference between them ? 1. The Australia Group is an informal arrangement which aims to

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Q: 49 (IAS/2011)
Recently the USA decided to support India’s membership in multi-lateral export control regimes called the “Australia Group” and the “Wassenaar Arrangements”. What is the difference between them ?
1. The Australia Group is an informal arrangement which aims to allow exporting countries to minimize the risk of assiting chemical and biological weapons proliferation, whereas the Wassenaar Arrangement is a formal group under the OECD holding identical objectives.
2. The Australia Group comprises predominantly of Asian, African and Page 9 North American countries, whereas the member countries of Wassenaar Arrangement are predominantly from the European Union and American continents.
Which of the statements given above is/ correct?
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question_subject: 

Current Affairs

question_exam: 

IAS

stats: 

0,33,58,11,15,32,33

keywords: 

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