The aim of the amendments was to prevent Western technology companies from selling to governments that are known to be abusing human rights. However, some technology companies have expressed concern that the scope of controls may be too broad, limiting the ability of security researchers to identify and correct security vulnerabilities. Google and Facebook have criticized the agreement for the restrictions they will set for activities such as penetration testing, information exchange on threats and bounty programs.   They argue that the restrictions will weaken the security of participating nations and will do little to contain the threats of non-participating nations.   He succeeded the Cold War Coordination Committee for Multilateral Export Control (COCOM) and was founded on 12 July 1996 in Wassenaar, The Netherlands, near The Hague. The Wassenaar agreement is much less stringent than COCOM, focusing mainly on the transparency of national export control regimes and not giving some members a veto over organisational decisions. A secretariat for the management of the agreement is located in Vienna, Austria. However, as a cocom, it is not a treaty and is therefore not legally binding. Although Japan is considering strengthening export procedures for military-purpose products and technologies under the AV agreement, this could affect some domestic companies, as the new measures cover advanced manufacturing-related areas. The VA agreement has raised growing concerns that major military infrastructure and systems could be subject to cyberattacks during the U.S.-Iran standoff.
According to the sources, the agreement was reached unanimously at a meeting of the VA in December, a non-binding international regime based in Vienna, which limits exports of goods and technologies that can be diverted to be used by the armed forces and arms. The 42 members include Britain, Russia, India and South Korea, but China, Iran and North Korea are not involved. The Wassenaar Agreement was created to contribute to regional and international security and stability, promoting transparency and increased accountability in the transfer of conventional weapons and dual-use goods and technologies, and avoiding destabilizing accumulations. Participating States strive, through their national policies, to ensure that the transmission of these objects does not contribute to the development or improvement of military capabilities that undermine these objectives and is not diverted in support of those capabilities. The law formalizes China`s export control regime, which includes the recently updated catalogue of technologies banned by export or prohibited or restricted by export, which restrict or prohibit the export of certain advanced technologies for national security reasons. public interest or environmental protection, such as Z.B.Ki.2 China has also adopted the provisions relating to the list of unreliable entities (the list of entities provisions), which address parties that infringe China`s national sovereignty or national security and/or discrimination against Chinese companies.3 Both the EEL and the provisions relating to entities that, by their extraterrile scope, assist China with more explicit and powerful instruments to take retaliate against other countries, especially the United States. ByteDance (TikTok), Tencent (WeChat) and Semiconductor International Corporation (SMIC). India joined the 42nd participating state on December 7, 2017. “Wassenaar Arrangement participating states reviewed the status of a number of current membership applications and agreed at the plenary session to allow India to become the 42nd state participating in the arrangement as soon as the procedural arrangements necessary for ACCESSION to the VA have been finalized,” the group said in a statement.