a386a44e_g_Committee___Documents_Online_SES_COX_REPORT_RECOMMENDATIONS_ort_Administration_Act_of_1999
[Cox Report Recommendations] 3. In light of the demise of the Coordinating Committee on Multilateral Export Controls (COCOM) and the insufficiency of the Wassenaar Arrangement on Export Controls for Conventional Arms and Dual-Use Goods and Technologies, the U.S. should work, including in the context of the scheduled 1999 review of the Wassenaar Arrangement, to establish new binding international controls on technology transfers that threaten international peace and U.S. national security. (Recommendation 11)
Support. This is a primary objective of the International Arrangements section of the bill. The bill establishes the negotiating objective of eliminating "national discretion" in Wassenaar to avoid a false sense of security. Eliminating national discretion may only be possible by reducing the list of controlled items. Also, since some of the member countries include countries of concern (Russia) and the list of target countries does not include China, it may be necessary to consider a new control regime.
Senate Banking Committee - Documents Online
Export Administration Act of 1999